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词条 TIB Development Bank
释义

  1. History

  2. Development Financial Institution

  3. Tanzania Investment Bank Group

  4. Branches

  5. See also

  6. References

  7. External links

{{Infobox company
|name=TIB Development Bank
|logo=Tanzania Investment Bank Logo.png
|type=Parastatal
|owner=Government of Tanzania
|slogan=
|foundation=1970
|location= Plot number 3, Sam Nujoma Road,Sinza, Dar es Salaam, east Tanzania
|key_people= Peter Noni, Managing Director
|num_employees=
|industry= Finance
|assets= US$62+ million (2010)
|products=Loans, Equity Partnerships, Management Services, Export/Import Finance
|website={{URL|http://www.tib.co.tz/}}
}}TIB Development Bank, formerly known as Tanzania Investment Bank (TIB), is a government-owned development bank in Tanzania. The bank is the first development finance institution established by the Government of Tanzania. The activities of TIB are supervised by the Bank of Tanzania, the central bank and national banking regulator. TIB is registered as a Registered Financial Institution.[1]

History

The bank was established by Act of Parliament in 1970. At that time, the main objective of TIB was to provide "medium and long-term loans to investors in commercial agriculture, manufacturing, processing, construction, transport, tourism and mining sectors". However, due to economic hardships, including a war with Idi Amin of neighboring Uganda and foreign currency exchange fluctuations within the Tanzanian economy, the bank became unable to service its financial obligations. To mitigate financial losses, TIB resorted to making short-term loans and to function like a commercial bank. The period between 1980 until 2003 was particularly hard on the bank.

[2][3]

Development Financial Institution

Over time, the Tanzanian government, the sole shareholder in TIB, re-capitalized the bank, re-vamped its strategic development plans and re-structured its management.[4] {{asof|December 2010}}, TIB had a total asset base in excess of US$62 million (TZS:93 billion). The government intends to raise that figure to US$265 million (TZS:400billion), in the next several years.[5] The bank has a significant portion of its portfolio in the Tanzanian agricultural sector.[6]

Tanzania Investment Bank Group

Following the restructuring of Tanzania Investment Bank, three distinct, but related institutions were formed. The three institutions, together form the Tanzania Investment Bank Group or TIB Group:[7]

  1. TIB Development Bank Limited - A development finance institution (DFI)
  2. TIB Corporate Finance Limited - A short term financing institution, serving large corporate clients, both public and private, in support of the functions of the DFI.
  3. TIB Rasilimali Limited - A registered brokerage company, wholly owned by the Government of Tanzania, that purchases and sells corporate bonds on the Dar es Salaam Stock Exchange. Rasilimali also offers investment advice to the Tanzanian government in support of the DFI.

Branches

The bank maintains branches at the following locations:[8]

  1. Dar es Salaam Branch - Building 3, Mlimani City Office Park, Sam Nujoma Road, Dar es Salaam
  2. Mwanza Branch - 3rd Floor, PPF Plaza Building, Mwanza
  3. Arusha Branch - Central Plaza Building, Sokoine Road, Arusha
  4. Mbeya Branch - 28 Jakaranda Street, Mbeya
  5. Dodoma Branch - Dodoma
  6. Zanzibar Branch - Zanzibar

See also

{{columns-list|colwidth=22em|
  • Africa Banks
  • Tanzania Banks
  • Bank of Tanzania
  • Tanzania Economy
  • DFI

}}

References

1. ^{{cite web|accessdate=21 November 2014|url=http://www.bot-%20tz.org/BankingSupervision/RegisteredFinancialInst.asp|title=Directory of Financial Institutions Operating in Tanzania|date=|first=.|last=BOT|publisher=Bank of Tanzania (BOT)}}
2. ^{{cite web|url=http://allafrica.com/stories/201012011138.html|title=Tanzania: TIB Transformation To Add More Value On Kilimo Kwanza Concept|date=29 November 2010|accessdate=21 November 2014| first=.|last=Daily News Reporter|newspaper=Tanzania Daily News (Dar es Salaam) via AllAfrica.com}}
3. ^{{cite web |title = TIB Development Bank: History, Proud Past, Promising Future |first = . |last = TIBDB |publisher = Tanzania Investment Bank (TIBDB) |url = http://www.tib.co.tz/index.php/homeb-2/dfi2-2 |date = 2012 |accessdate = 21 November 2014 |deadurl = yes |archiveurl = https://web.archive.org/web/20140930170022/http://www.tib.co.tz/index.php/homeb-2/dfi2-2 |archivedate = 30 September 2014 |df = }}
4. ^{{cite web|url=http://www.tanzaniainvest.com/banking-finance/interviews/53-tanzania-investment-bank-interview|title=Tanzania Investment Bank Interview|first=Eric|last=Tirabassi|accessdate=21 November 2014|date=24 April 2006|publisher=TanzaniaInvest.Com|deadurl=yes|archiveurl=https://web.archive.org/web/20141219040130/http://www.tanzaniainvest.com/banking-finance/interviews/53-tanzania-investment-bank-interview|archivedate=19 December 2014|df=}}
5. ^{{cite web|url=http://allafrica.com/stories/201012020327.html|title=Tanzania: TIB Eyes Over TSh5 Billion Profit|date=1 December 2010|accessdate=21 November 2014|last=Kamndaya|first=Samuel|newspaper=The Citizen, Tanzania (Dar es Salaam)}}
6. ^{{cite web|url=http://www.tanzaniainvest.com/tanzania-banking-and-finance/news/356-tanzania-investment-bank-gives-farmers-credit|title=Tanzania Investment Bank Gives Farmers Credit|date=4 December 2009|accessdate=21 November 2014|first=.|last=Tanzania Invest|publisher=TanzaniaInvest.Com|deadurl=yes|archiveurl=https://web.archive.org/web/20120825193828/http://www.tanzaniainvest.com/tanzania-banking-and-finance/news/356-tanzania-investment-bank-gives-farmers-credit|archivedate=25 August 2012|df=}}
7. ^{{cite web|title=TIB Group: Your Partner for Progress|url=http://www.tib.co.tz/|date=|accessdate=22 November 2014|first=.|last=TIBG|publisher=Tanzania Investment Bank Group (TIBG)}}
8. ^{{cite web|url=http://allafrica.com/stories/201007080106.html|title=Tanzania Investment Bank To Open Branches Countywide|first=.|last=The Citizen Reporter|accessdate=21 November 2014|date=7 July 2010|newspaper=The Citizen, Tanzania (Dar es Salaam) via AllAfrica.com}}

External links

  • Website of Bank of Tanzania
  • Website of TIB Development Bank
{{Banks of Tanzania}}{{Economy of Tanzania}}

5 : Banks of Tanzania|Companies of Tanzania|Banks established in 1970|Dar es Salaam|1970 establishments in Tanzania

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