Bank M Tanzania

Bank M Tanzania is a provider of commercial banking services.

Bank M Tanzania plc (Bank M) is a fully fledged commercial bank regulated by the Bank of Tanzania. The Bank was issued a license to undertake banking business in the United Republic of Tanzania by the Bank of Tanzania in February 2007 and opened its doors for business in July, 2007. Bank M was promoted by two financial services professionals who had been, till 2006, working as the Chief Executive Officers of a Commercial Bank and Insurance Company in the United Republic of Tanzania. Additionally, the Bank has, as investors, three leading business groups based in Tanzania, with wide ranging trading, manufacturing and real estate business interests in the East African region. The Bank also has investment from the principal partner and founder of the largest law firm in the country. PRIDE, the largest Micro-finance institution in East Africa, is also a share-holder of the bank.