AccessBank Tanzania


AccessBank Tanzania, is a commercial bank in Tanzania. It is licensed by the Bank of Tanzania, the central bank and national banking regulator.

Overview

ABT is a commercial bank that focuses on the micro-finance sector, serving micro, small and medium-sized enterprises., the bank's assets were valued at US$109.8 million. At that time, it had 170,065 deposit accounts, with total deposits of US$88.4 million, a loan book of US$71.3 million, and 27,516 loan accounts. AccessBank Tanzania is a member of the AccessBank Group, which is composed of microfinance institutions in Sub-Saharan Africa, Central Asia, and South America, who are majority owned by the AccessHolding conglomerate. As of June 2017, the bank's total assets were valued at TSh:207.2 billion, with shareholders' equity of TSh:31.73 billion.
As of December 2016, the bank served 225,928 savings clients, had 31,798 loan clients. At that time 29 percent of all the bank's clients were women, and 2 percent of all clients were rural based.

Shareholding

The shareholding in the stock of the bank is illustrated in the table below:
RankName of OwnerPercentage Ownership
1AccessHolding66.11
2International Finance Corporation13.06
3MicroVest9.04
4KfW6.73
5African Development Bank5.06
Total100.00

1 - "MicroVest is a private, for-profit investment group dedicated to reducing global poverty by applying a commercial framework to investing".

Branches

As of July 2018, ABT maintained branches at the following locations:
  1. Kijitonyama Branch - Derm House, New Bagamoyo Road, Kijitonyama, Dar es Salaam Main Branch
  2. Lumumba Branch - Summit Tower, Lumumba Road, Dar es Salaam
  3. Temeke Branch - Temeke Street, Dar es Salaam
  4. Manzese Branch - Morogoro Road, Dar es Salaam
  5. Mbagala Branch - Mbagala Rangi Tatu, Dar es Salaam.
  6. Kariakoo Branch - Mkunguni Street, Dar es Salaam
  7. Mwanza Branch I - Nyerere Road, Mwanza
  8. mwanza Branch II - Kishimba Building, Pamba Road, Mwanza
  9. Kahama Branch - Isaka Road, Kahama
  10. Tabora Branch - NSSF Building, Jamhuri Road, Tabora
  11. Mbeya Branch - Mbeya
  12. Iringa Branch - Iringa

    Governance

Dr. Bernd Zattler, a national of Germany, serves as the chairman of the five-person board of directors. The Managing Director and CEO of the bank is Martin Rohler.