The African Banking Corporation of Tanzania Limited (ABC Tanzania) offers tailored banking services to a wide range of customers, from multi-national organizations, to small and medium-sized corporates, parastatals, educational institutions, non-governmental organizations, professional bodies and private individuals seeking investment advice, wealth creation and management services. Our product offerings include Treasury Services, Investment Banking, Corporate Banking and Structured Trade Finance.

ABC Tanzania provides customer-tailored, efficient financial and strategic solutions of premier quality to all its clients.

ABC Tanzania has a track record of excellent service and growth going back to 1996. It commenced operations in 1996 as an asset financing institution under the joint ownership of CDC Capital Partners (CDC), International Finance Corporation (IFC), TDFL and the Union Dominions Corporation (udc).

Following the merger of udc with First Merchant Bank and BARD Investment Services, and the subsequent re-branding as African Banking Corporation, the institution in Tanzania was granted full commercial banking status by the Bank of Tanzania in 2002.

In 2004, the Group successfully concluded the acquisition of a 68% interest in Tanzania Development Finance Company Ltd (TDFL) from the existing international shareholders, i.e. IFC, CDC, DEG, FMO and EIB. The Government of Tanzania has remained a key shareholder (32%) in TDFL.