DCB Commercial Bank Plc, commonly known as DCB Bank, is a fully-fledged retail and commercial bank in Tanzania, established in September 2001. Initially operating as a regional microfinance institution, it received a banking license in 2003 and rebranded as DCB Commercial Bank in 2012, expanding its operations nationwide .
The bank is listed on the Dar es Salaam Stock Exchange and boasts a wide network of nine branches, over 1,000 Wakala agents, and more than 280 ATMs, serving over 3 million customers across the country. DCB Bank has demonstrated consistent growth in its financial performance. In 2022, the bank recorded a Profit Before Tax (PBT) of TZS 2.25 billion, a 112% increase from the previous year, driven by a rise in both interest and non-interest income .
The bank’s total assets reached TZS 214 billion, marking a 61% growth over five years . DCB Bank is committed to enhancing financial inclusion through partnerships, such as its collaboration with Tigo Pesa, enabling customers to access banking services via mobile money agents . The bank’s vision is to be the preferred financial services provider in Tanzania, offering innovative solutions to meet the diverse needs of its customers.
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