Rank in 2011 Change in rank from 2010 Bank TZS (million) USD Market share 31 Dec 2010 31 Dec 2011 31 Dec 2011 31 Dec 2011 26 International Commercial Bank (T) Ltd 73,930 80,303 50,760,430 0.45% 27 Ecobank <strong>Tanzania</strong> Ltd 27,225 68,084 43,036,662 0.38% 28 Twiga Bancorp Ltd 59,552 67,089 42,407,712 0.37% 29 Bank <strong>of</strong> India (T) Ltd 39,257 51,481 32,541,719 0.29% 30 AccessBank <strong>Tanzania</strong> Ltd 29,787 51,396 32,487,990 0.29% 31 United Bank for Africa <strong>Tanzania</strong> Ltd 38,495 46,424 29,345,133 0.26% 32 Mkombozi Commercial Bank 24,980 33,497 21,173,831 0.19% 33 N/A FNB Bank (T) Ltd - 31,310 19,791,475 0.17% 34 N/A Amana Bank Ltd - 26,139 16,522,440 0.15% 35 <strong>Tanzania</strong> Women Bank Ltd 16,938 18,664 11,797,882 0.10% 36 Uchumi Commercial Bank 9,856 11,518 7,280,657 0.06% 37 Efatha Bank Ltd 6,340 8,863 5,602,402 0.05% 38 Mufindi Community Bank 6,792 8,258 5,219,975 0.05% 39 Kilimanjaro Co-operative Bank Ltd 6,059 7,613 4,812,054 0.04% 40 Mbinga Community Bank 5,253 6,961 4,399,981 0.04% 41 N/A Advans Bank - 6,376 4,030,341 0.04% 42 Mwanga Rural Community Bank 6,387 6,325 3,998,154 0.04% 43 Kagera Farmers Co-operative Bank Ltd 5,175 5,774 3,649,937 0.03% 44 Njombe Community Bank 493 2,220 1,402,997 0.01% 45 Tandahimba Community Bank Ltd 507 1,166 736,789 0.01% Total 15,376,235 17,989,647 11,371,458,133 100% 12 Serengeti Advisers
Deposits Industry records a TZS 2.2 trillion (17%) increase in deposits to TZS 14.6 trillion ($9.25 billion) Customer deposits in the <strong>banking</strong> system increased by about TZS 2.2 trillion between 2010 and 2011, representing a 17% jump. The top ten deposit-holders in 2011 were the same as those in 2010 and they held 84% <strong>of</strong> total deposits. Deposit growth at FBME, CRDB and Standard Chartered averaged about 20%, while those at NBC increased by 5%. NMB saw a modest 2% drop in deposits. Stanbic and Citibank advanced one position each in the ranking, to sixth and eighth respectively overtaking Exim and Barclays respectively who both declined one position each. Diamond Trust remained at number 10. Deposit growth as measured by percentage increase was most robust among the smaller and newer banks. Njombe Community Bank recorded the biggest deposit increase <strong>of</strong> 853% between the two periods. Deposits at Ecobank <strong>Tanzania</strong> and Access Bank <strong>Tanzania</strong> increased by 188% and 107%, respectively. Tandahimba Community Bank saw its deposits increase by 142%. Other significant movers in terms <strong>of</strong> deposit growth were Citibank (61%), BancABC (57%) and Bank M (54%). Rank Change in rank Bank TZS (million) USD Market share in 2011 from 2010 31 Dec 2010 31 Dec 2011 31 Dec 2011 31 Dec 2011 1 FBME Bank (T) Ltd 2,664,090 3,263,253 2,062,738,938 22.31% 2 CRDB Bank Plc 2,014,453 2,392,483 1,512,315,424 16.35% 3 National Micr<strong>of</strong>inance Bank (T) Ltd Plc 1,820,137 1,790,090 1,131,536,030 12.24% 4 National Bank <strong>of</strong> <strong>Commerce</strong> Ltd 1,218,298 1,281,907 810,307,838 8.76% 5 Standard Chartered Bank (T) Ltd 818,785 980,577 619,833,755 6.70% 6 Stanbic Bank (T) Ltd 479,556 612,595 387,228,192 4.19% 7 Exim Bank (T) Ltd 529,601 589,637 372,716,182 4.03% 8 Citibank (T) Ltd 361,895 582,228 368,032,870 3.98% 9 Barclays Bank (T) Ltd 395,511 438,460 277,155,499 3.00% 10 Diamond Trust Bank (T) Ltd 220,952 269,381 170,278,761 1.84% 11 Bank M (T) Ltd 151,641 233,229 147,426,675 1.59% 12 Bank <strong>of</strong> Africa <strong>Tanzania</strong> Ltd 202,521 225,612 142,611,884 1.54% 13 BancABC 122,828 192,409 121,623,894 1.32% 14 Commercial Bank <strong>of</strong> Africa <strong>Tanzania</strong> 130,623 169,920 107,408,344 1.16% 15 KCB Bank <strong>Tanzania</strong> Ltd 158,282 157,748 99,714,286 1.08% 16 <strong>Tanzania</strong> Investment Bank 113,225 155,714 98,428,571 1.06% 17 I&M Bank <strong>Tanzania</strong> Ltd 101,846 145,546 92,001,346 0.99% 18 Azania Bancorp 148,894 145,125 91,735,145 0.99% 19 The People's Bank <strong>of</strong> Zanzibar Ltd 117,702 137,085 86,652,971 0.94% 20 <strong>Tanzania</strong> Postal Bank 107,797 120,485 76,159,924 0.82% 21 Habib African Bank Ltd 84,516 96,695 61,121,997 0.66% 22 Akiba Commercial Bank 74,684 86,303 54,553,097 0.59% 23 Bank <strong>of</strong> Baroda (T) Ltd 71,346 84,110 53,166,877 0.57% 24 NIC Bank <strong>Tanzania</strong> Ltd Bank 55,436 78,375 49,541,719 0.54% 25 Dar es Salaam Community Bank 62,827 62,606 39,574,083 0.43% 26 International Commercial Bank (T) Ltd 59,750 54,538 34,474,083 0.37% <strong>Tanzania</strong> Banking Survey <strong>2012</strong> 13