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banking survey cover 2012 - Tanzania Chamber of Commerce ...

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Paid-up share capital<br />

Paid-up share capital increased by TZS 116<br />

billion (20%) to TZS 696 billion ($440 million)<br />

During 2011 the industry’s total paid-up share capital<br />

increased by TZS 116 billion (20%) with 50% <strong>of</strong> this increase<br />

coming from four new entrants into the <strong>banking</strong> sector -<br />

Advans Bank, Amana Bank, First National Bank (FNB) and<br />

Njombe Community Bank. They added TZS 57.7 billion to<br />

the industry’s paid up share capital, represented 8.3% <strong>of</strong><br />

the industry’s total paid up share capital, and increased the<br />

number <strong>of</strong> reporting banks from 41 in 2010 to 45 in 2011.<br />

FNB, which invested TZS 28.6 billion, is currently ranked<br />

sixth while Amana Bank’s TZS 21.5 billion places it in<br />

thirteenth position.<br />

The rest <strong>of</strong> the new capital came from increases by banks.<br />

Mbinga Community Bank increased its capital by 150%, from<br />

TZS 318 million to TZS 798 million. Other major increases<br />

were by Bank M (84.7%), Ecobank (83.7%), Azania Bank<br />

(61%) and Bank <strong>of</strong> Africa (52.1%). Interestingly, out <strong>of</strong> the 41<br />

banks reviewed in 2010, 22 did not increase their paid up<br />

share capital in 2011.<br />

<strong>Tanzania</strong> Investment Bank remained the bank with the<br />

largest paid up share capital <strong>of</strong> TZS 92.1 billion.<br />

Rank<br />

in 2011<br />

Change in rank<br />

from 2010<br />

Bank TZS (million) USD Market share<br />

31 Dec 2010 31 Dec 2011 31 Dec 2011 31 Dec 2011<br />

1 <strong>Tanzania</strong> Investment Bank 92,138 92,138 58,241,466 13.2%<br />

2 CRDB Bank Plc 54,413 54,413 34,395,070 7.8%<br />

3 Barclays Bank (T) Ltd 53,270 53,270 33,672,566 7.6%<br />

4 FBME Bank (T) Ltd 46,000 46,000 29,077,118 6.6%<br />

5 é Azania Bancorp 18,900 30,433 19,237,042 4.4%<br />

6 N/A FNB Bank (T) Ltd - 28,550 18,046,776 4.1%<br />

7 ê KCB Bank <strong>Tanzania</strong> Ltd 24,347 28,365 17,929,836 4.1%<br />

8 é Bank M (T) Ltd 12,772 23,588 14,910,240 3.4%<br />

9 é Ecobank <strong>Tanzania</strong> Ltd 12,817 23,544 14,882,427 3.4%<br />

10 é Bank <strong>of</strong> Africa <strong>Tanzania</strong> Ltd 15,251 23,191 14,659,292 3.3%<br />

11 ê Standard Chartered Bank (T) Ltd 22,542 22,542 14,249,052 3.2%<br />

12 ê BancABC 21,760 21,760 13,754,741 3.1%<br />

13 N/A Amana Bank Ltd - 21,501 13,591,277 3.1%<br />

14 ê National Micr<strong>of</strong>inance Bank (T) Ltd Plc 20,000 20,000 12,642,225 2.9%<br />

15 ê United Bank for Africa <strong>Tanzania</strong> Ltd 19,275 19,275 12,183,944 2.8%<br />

16 é Commercial Bank <strong>of</strong> Africa <strong>Tanzania</strong> 11,984 17,684 11,178,255 2.5%<br />

17 ê Exim Bank (T) Ltd 12,900 12,900 8,154,235 1.9%<br />

18 ê NIC Bank <strong>Tanzania</strong> Ltd Bank 12,701 12,701 8,028,445 1.8%<br />

19 é Access Bank <strong>Tanzania</strong> Ltd 10,000 12,000 7,585,335 1.7%<br />

20 ê National Bank <strong>of</strong> <strong>Commerce</strong> Ltd 12,000 12,000 7,585,335 1.7%<br />

21 ê International Commercial Bank (T) Ltd 11,795 11,795 7,455,752 1.7%<br />

22 ê The People's Bank <strong>of</strong> Zanzibar Ltd 11,000 11,000 6,953,224 1.6%<br />

23 é Mkombozi Commercial Bank 7,889 10,125 6,400,126 1.5%<br />

24 ê Bank <strong>of</strong> Baroda (T) Ltd 10,000 10,000 6,321,113 1.4%<br />

25 ê Bank <strong>of</strong> India (T) Ltd 10,000 10,000 6,321,113 1.4%<br />

26 ê Citibank (T) Ltd 9,660 9,660 6,106,195 1.4%<br />

27 ê Akiba Commercial Bank 8,171 8,247 5,213,021 1.2%<br />

24 Serengeti Advisers

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