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词条 First Housing Company Tanzania Limited
释义

  1. Location

  2. Overview

  3. Shareholding

  4. See also

  5. References

  6. External links

{{Infobox company
| name = First Housing Finance (Tanzania) Limited
| logo = First Housing Finance (Tanzania) Ltd.jpg
| foundation = 2017
| location = Dar es Salaam, Tanzania
| key_people = Omar Msangi
Chief Executive Officer
| num_employees =
| assets = US$10 million (TZS:21.8 billion) (Q3:2017)
| revenue =
| industry = Financial Services
| products = Mortgages, Home Equity Loans
| homepage =
}}First Housing Finance (Tanzania) Limited, is a mortgage bank in Tanzania. It is licensed by the Bank of Tanzania, the country's central bank and national banking regulator, to engage in mortgage lending. It is Tanzania's first dedicated mortgage lender.[1]

Location

The headquarters of the mortgage lender are located in Dar es Salaam, the business center and largest city in Tanzania.[2]

Overview

The bank is a greenfield start-up that received a banking license from the Bank of Tanzania in July 2017. The establishment of the bank is a joint effort by Bank M, a commercial bank in Tanzania together with two deep-pocketed private Tanzanian investors and two international corporations, the International Finance Corporation and India's mortgage conglomerate, Housing Development Finance Corporation Limited.[3]

The new lender plans to start with four mortgage products (a) home purchase loans (b) home improvement loans (c) home expansion mortgages and (d) home equity loans. The financial products will be amortized for up to twenty years.[3]

Shareholding

The bank's stock is privately owned by the following individuals and corporate entities:[3]

First Housing Company Tanzania Limited Stock Ownership
RankName of OwnerPercentage Ownership
1Bank M of Tanzania
40.0
2Housing Development Finance Corporation of India
15.0
3International Finance Corporation
15.0
4 Sanjay Suchak of Tanzania
15.0
5Karimjee Family of Tanzania
15.0
Total
100.00

See also

  • List of banks in Tanzania
  • Bank of Tanzania
  • Economy of Tanzania
  • Oriental Commercial Bank

References

1. ^{{cite web| url=https://asokoinsight.com/news/bank-of-tanzania-license-new-mortgage-finance-company |title=Bank of Tanzania licenses new mortgage finance company | accessdate=25 October 2017 | date=11 August 2017 |first=Rosemary |last=Mirondo | publisher=Asokoinsight.com Quoting The Citizen | location=Dar es Salaam}}
2. ^{{cite web| url=http://allafrica.com/stories/201710230160.html |title=Tanzania's First Mortgage Finance Company Starts Operations | accessdate=25 October 2017 |date=22 October 2017 |newspaper=The Citizen via AllAfrica.com| location=Dar es Salaam | author=Citizen Reporter}}
3. ^{{cite web| url=http://allafrica.com/stories/201710230816.html | title=Tanzania: Dar Gets New Lender in Housing Finance Market |accessdate=25 October 2017 | date=23 October 2017 |newspaper=Tanzania Daily News via AllAfrica.com |author=Daily News Staff |location=Dar es Salaam}}

External links

  • Website of Bank M
  • Website of Bank of Tanzania
  • Members of Tanzania Bankers Association Including Addresses
  • Bank Profile at The African Union for Housing Finance
{{Banks of Tanzania}}{{Economy of Tanzania}}

6 : Banks of Tanzania|Companies of Tanzania|Economy of Dar es Salaam|Banks established in 2017|2017 establishments in Tanzania|Housing finance companies

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