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March 2013 :
BANK OF AFRICA TANZANIA hosts its annual CCBRT Easter Luncheon. The event saw the banks staff spend a day with the children admitted at the hospital with club feet, bow legs and other congenital deformities. This marked the 4 time the bank is hosting the event at CCBRT.
December 2012 :
BANK OF AFRICA TANZANIA opens its doors to the public in Kahama bringing its total branch network to 18 countrywide. The bank is currently on an expansion plan to increase its presence within Tanzania. .
BANK OF AFRICA TANZANIA hosts the annual BANK OF AFRICA TANZANIA group meeting in Tanzania held at Mount Meru Hotel in Arusha. The meeting brought together senior executives from the 15 countries where the bank is presen
November 2012 :
BANK OF AFRICA TANZANIA opens its doors to the public in Mtibwa bringing its total branch network to 17 countrywide. The branch launch was graced by the presence of the former President of the Republic of Tanzania, His Excellency, Hon. Benjamin Mkapa.
October 2012 :
BANK OF AFRICA TANZANIA partners with AIRTEL TANZANIA thereby enabling its AIRTEL Money agents adn aggregtors to be able to but electronic value (float) from any of the banks branches countrywide.
BANK OF AFRICA TANZANIA sponsors the Tanzania Association of Managers and Owners of Non-Govermental Schools and Colleges Dar es Salaam Annual General Meeting.
April 2012 :
BANK OF AFRICA TANZANIA for the 3rd time hosted an Easter Luncheon at CCBRT. The event saw the banks staff spend a day with the children admitted at the hospital with club feet, bow legs and other congenital deformities.
March 2012 :
BANK OF AFRICA TANZANIA donates TZS 10 million to go towards construction of teachers’ houses at Kisiba Secondary School located in Rungwe region.
BANK OF AFRICA TANZANIA LTD
Press Release - 31st August, 2010
After receiving all the required regulatory approvals, the Board of BOA BANK TANZANIA Ltd has announced its decision to change the name of the Bank to BANK OF AFRICA TANZANIA LTD with immediate effect.
The change of name has been necessary because the initial fears that trading as BANK OF AFRICA TANZANIA LTD will create confusion in the market are no longer warranted. After three years of becoming a member of the BANK OF AFRICA GROUP, the brand has been well integrated and accepted in the Tanzanian financial market and we can now fully adopt the name of the Group. Adopting the name will further upscale group synergies, especially within the East African market. BANK OF AFRICA is present in all countries of East African community, with the exception of Rwanda.
The shareholding structure and Management of the Bank remain the same and there will be no variation in the strategies as set out in the 2010 - 2012 Business Plan of the Bank.
Three years after joining BANK OF AFRICA GROUP, the Bank is showing steady and healthy annual profits, increased the number of its branches from 4 to 14, grown its balance sheet by 160%, deposits by 275%, loans and advances by 320% and shareholders' fund by 250%.
The Board is confident that the stable and consistent growth of BANK OF AFRICA TANZANIA will continue to be in line with projections and the philosophy of the Group.
BANK OF AFRICA TANZANIA LIMITED is a private commercial bank that has been operating in Tanzania since June 2007 after acquiring Eurafrican Bank Ltd.
By order of the Board;
Fulgence M. KAZAURA
Dar es Salaam