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DCB Commercial Bank

DCB Commercial Bank

Dar es Salaam Community Bank (DCB), whose official name is DCB Commercial Bank, but is commonly referred to as DCB Bank, is a commercial bank in Tanzania. It is licensed by the Bank of Tanzania, the central bank and national banking regulator. DCB is a private, publicly traded, microfinance bank, initially established to serve the banking needs of the poorest of the poor in the city of Dar-es-Salaam and its suburbs. In 2012, DCB was issued a national banking license, to extends its services nationwide. The stock of the bank is listed on the Dar es Salaam Stock Exchange. , the total asset base of DCB was valued at approximately US$85.7 million (TZS:143.97 billion). At that time, the bank's shareholders' equity was valued at about US$19 million (TZS:31.98 billion) Customer deposits at 31 December 2013 totaled TZS:80.3 billion (approximately US$47.8 million).

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About DCB Commercial Bank

Founded

2001

Estimated Revenue

$10M-$50M

Employees

51-250

Category

Industry

Banking

Location

City

Dar Es Salaam

State

Dar es Salaam

Country

Tanzania

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