About Us, Mission, Vision & Core Values
About Us
Tanganyika Postal Office Savings Bank (TPOSB) now Tanzania Commercial Bank came into being in 1925 when Tanganyika was under British Rule. It later became a Savings Bank under the then East African Post and Telecommunications which ceased to operate after the collapse of the East African Community. The Tanzania Posts & Telecommunications Corporation (TP&TC) came into being to cater for the Tanzanian market. TPB was formed from the now defunct TP&TC. TPB was established by the Tanzania Postal Bank Act No. 11 of 1991. On Monday the 29th of June 2015, the Parliament of the United Republic of Tanzania repealed the Act and on the 29th of March 2016 the bank was incorporated under the Companies Act (Cap 212) as TPB Bank PLC. On Thursday 19th January 2017, the bank unveiled it’s the name TPB Bank PLC to the public as well as its new logo and tagline (Grow with us). On the 14th July 2021 the bank changed its name to Tanzania Commercial Bank Plc with a tagline ‘Growing stronger together’.
Shareholding
Tanzania Commercial Bank is a public institution where the Government of the United Republic of Tanzania is a majority shareholder with minority stakes held by the Tanzania Posts Corporation, the Revolutionary Government of Zanzibar, Posta na Simu Savings and Credit Society, Public Service Social Security Fund and Workers Compensation Fund.
Vision, Mission and Core Values
Vision
To be the leading bank in the provision of affordable financial services and promoting financial inclusion in Tanzania.
Mission
To aid in the transformation of the socio-economic landscape of Tanzania by providing and promoting financial solutions in a sustainable way while ensuring stakeholder expectations are met.
Core Values
Customer Focus: All our activities are primarily focused on customers’ needs and their fulfilment; we invest to enhance their experience of banking with us. The market we serve determines our choice of products and services and the way we deliver them.
Trustworthy: Our people conduct themselves ethically in a manner that is above reproach to win the trust of our customers and stakeholders.
Professionalism: We always aspire to conduct our business to the highest standard and compliance with best banking practices and regulations.
Teamwork: Our business units will work together in harmony so as to make sure our customers get the best value for money in the services and products we offer.
Quality: Quality is the focus of everything we do. Our continual innovation, spirit of integration, and high standards improve quality in every aspect of our bank.
