Exim Bank (Tanzania)
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| Private | |
| Industry | Financial Services |
| Founded | 1997 |
| Headquarters | Dar es Salaam, Tanzania |
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Key people
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Said Ally Mwema Chairman Dinesh Arora Chief Executive Officer Selemani Ponda Chief Financial Officer |
| Products | Loans, Savings, Checking, Investments, Debit Cards, Credit Cards, Mortgages |
| Revenue |
 Aftertax: US$14 million (TZS:30.67 billion) (2015) |
| Total assets | US$700.8 million (TZS:1.5 trillion) (H1:2016) |
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Number of employees
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800+ (2015) |
| Website | Homepage |
Exim Bank (Tanzania) (EBT), is a commercial bank in Tanzania, the second-largest economy in the East African Community. The bank is one of the commercial banks licensed by the Bank of Tanzania, which is the country's central bank and national banking regulator.
EBT is a large banking institution, providing commercial banking services to individuals, small-to-medium-sized businesses, and large corporate clients. As of December 2015[update], according to its website, the bank's total assets were valued at 1.25 trillion Tanzanian shillings (TZS) (US $584.7 million, assuming an exchange rate of TZS 2,138 per US dollar) with shareholders' equity of TZS 192 billion (US $90 million). EBT is the fifth largest commercial bank in the country, by assets. By June 2016, the bank's total assets had grown to TZS:1.5 trillion (approx. US$700.8 million).
EBT was formed in 1997 by a group of Tanzanian business people, following the liberalization of the Tanzanian economy. It reportedly broke even within the first five months of operation. As of November 2014[update], EBT maintains a wholly owned banking subsidiaries in the Comoros, Djibouti and Uganda. It is the first indigenous Tanzanian bank to own subsidiaries outside the country, as at March 2016. In April 2010, the bank was authorized by the Bank of Tanzania to establish subsidiaries in Djibouti and Zambia, thus setting up the Exim Bank (East Africa) Group, a regional banking financial services organization. In March 2016, EBT acquired 58.6% of Imperial Bank (Uganda) Ltd and changed its name to Exim Bank (Uganda) Limited.
As of March 2016[update], the bank maintains headquarters in Dar es Salaam, Tanzania's largest city. It maintains the following subsidiaries, which together form the Exim Bank Group (East Africa):
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