BANK OF AFRICA – TANZANIA (BOA-Tanzania) is a dynamic private commercial bank providing comprehensive financial services across retail, SME, and corporate sectors. The bank officially commenced operations in June 2007 following the acquisition of Eurafrican Bank, a financial institution that had served Tanzanians since September 1994. BOA-Tanzania’s establishment was guided by the vision of its founders to create a uniquely Pan-African banking institution that reflects the aspirations and values of Africa’s founding leaders. This mission underscores the bank’s commitment to fostering economic growth and empowering communities through tailored financial solutions. At the time of its acquisition, BOA-Tanzania operated with only three branches. However, it has since expanded significantly, boasting a robust network of 26 branches across the country. These include 13 strategically located in Dar es Salaam, 12 in upcountry regions, and a specialized Business Center in Dar es Salaam. This wide reach ensures accessibility and convenience for its diverse clientele. BOA-Tanzania offers an extensive range of products and services designed to meet the financial needs of various segments. These include account management, credit and loan facilities, debit and credit cards, digital banking platforms, treasury services, and investment opportunities. The bank’s digital banking solutions enable customers to manage their finances efficiently and securely from anywhere. BOA-Tanzania benefits from the strength and resources of a Pan-African network with operations in 18 countries. With a solid foundation and a commitment to excellence, BANK OF AFRICA – TANZANIA continues to grow, earning the trust of its clients and solidifying its position as a leading financial institution in the country.
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