EXIM Bank Tanzania

What EXIM Bank Tanzania does

EXIM Bank Tanzania (legal entity: Exim Bank (Tanzania) Limited) is a privately held commercial bank headquartered on Ghana Avenue in Dar es Salaam, incorporated in Tanzania and operating as part of the Exim Bank Group across five East African markets — Tanzania, Uganda, Djibouti, Comoros, and Ethiopia. The bank is regulated by the Bank of Tanzania and operates within the Personal Data Protection Act, 2022 framework overseen by the Personal Data Protection Commission.

The bank serves retail and corporate customers through two primary business units — Personal Banking and Business Banking — with secondary personas including Serengeti Diaspora Banking for Tanzanians abroad, plus Preferred and Elite tiers. Its core product set spans deposit accounts (notably the Haba na Haba Saving Account offering 7% per annum interest with zero monthly maintenance fees), personal and business loans, life and commercial insurance, treasury/FX services, trade finance, and investment solutions. Payment and distribution rails include debit/credit cards, the Exim Mobile app on iOS and Android, Exim Online Banking, Exim WhatsApp Banking, the Exim Bank Wakala agent network, Cash Deposit Machines, Lipa ChapChap QR merchant payments, Wallet-to-Bank transfers, Host-to-Host invoice reconciliation, Corporate Cheque Capture, and Cash-in-Transit services. Borderless Banking provides cross-border cash withdrawal, payment, and transfer capabilities between Tanzania and Comoros.

The business model is a standard commercial bank revenue stack: net interest income from lending (personal loans, business loans, trade finance), recurring account service and maintenance fees, transaction fees on transfers and bill payments, commissions from insurance distribution (including group life cover up to TZS 31,450,000 for diaspora members), and treasury/FX income. Distribution combines a traditional sales-led branch and agent footprint with a digital-first customer engagement model. The bank is privately held with no disclosed parent company, shareholders, or financial statements beyond reference to FY2025 audited financial statements published on its website; revenue figures, employee count, and ownership structure are not disclosed in available source data.

Name

EXIM Bank Tanzania

Legal name

Exim Bank (Tanzania) Limited

Website

https://eximbank.co.tz

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Commercial Banking

NAICS

Commercial Banking (52211), Depository Credit Intermediation (5221), Credit Intermediation and Related Activities (522)

SIC

National Commercial Banks (6021), Functions Related To Depository Banking, Nec (6099)

akta.pro primary industry

Account & Balance Services (Operating accounts, statements, eBAM) (FSABAIAD)

akta.pro secondary industries

Multi-Currency Accounts, Wallets & IBAN Services (FSAMAIAG), Embedded Lending & Credit (POS, Working Capital, Credit Lines) (FSAGALAD)

Keywords

• Commercial banking services
• Trade finance solutions
• Retail banking products
• Corporate lending services
• Digital banking channels

Headquarters

HQ city

Dar Es Salaam

HQ country

Tanzania

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Interest Income: Revenue from lending activities including personal loans, business loans, and trade finance with interest charged on outstanding balances
2. Transaction Fees: Fees charged for various banking transactions including fund transfers, bill payments, and account transactions
3. Account Service Fees: Monthly maintenance fees and other account-related charges for current and savings accounts
4. Insurance Services Commission: Revenue from insurance products including life insurance (group life cover up to TZS 31,450,000 for diaspora) and commercial insurance
5. Treasury Services: Foreign exchange services and treasury solutions for personal and business customers including diaspora banking

Pricing tiers

Go-to-market motion1 record

Distribution channels8 records

Marketing channels4 records

Core offering

EXIM Bank Tanzania is a commercial bank that provides personal and business banking products, including current and savings accounts, loans, debit and credit cards, insurance, treasury services, and trade finance. It serves retail customers and corporate clients in Tanzania and supports cross-border commerce as part of the multi-country Exim Bank Group. Banking services are delivered through branches and digital channels including mobile, online, WhatsApp, and agent banking (Wakala).

Product overview

EXIM Bank Tanzania operates as a commercial banking institution offering a unified suite of financial products and services organized across personal and business banking segments. The personal banking portfolio includes account services (with the Haba na Haba Saving Account featuring 7% annual interest), loans, insurance, and treasury services. Digital channels encompass Exim Mobile Banking, Exim Online Banking, Exim WhatsApp Banking, and Exim Bank Wakala agents. Specialized offerings include Serengeti Diaspora Banking for Tanzanian expatriates and Borderless Banking for cross-border transactions between Tanzania and Comoros. Business banking includes Transaction Banking, Lending, Trade Finance Solutions, Commercial Insurance, Treasury, Investment Solutions, and self-service banking through CDM (Cash Deposit Machines) and CCC (Corporate Cheque Capture). Payment solutions feature Lipa ChapChap QR-based cashless transactions, Wallet to Bank transfers, and Host to Host invoice reconciliation. The bank provides mobile applications available on Apple App Store and Google Play Store.

Differentiator

Problem solved

Functional benefit

Brands

• Serengeti Diaspora Banking: Diaspora banking service with dedicated relationship managers, money transfer facilitation, investment opportunities, affordable fees, and group life insurance cover of up-to TZS 31,450,000
• Haba na Haba Saving Account
• Borderless Banking
• Exim Online Banking
• Exim Mobile Banking
• Exim WhatsApp Banking
• Exim Bank Wakala
• Lipa ChapChap

Products and services

• Personal Banking Accounts Personal current and savings accounts available to individual retail customers in Tanzania, enabling deposits, withdrawals, and everyday payments.
• Business Banking Accounts Business current and savings accounts for corporate and SME customers in Tanzania, supporting day-to-day operating cash management and payments.
• Loans Personal and corporate loan facilities extended to retail and business customers to support consumer credit and business financing needs.
• Debit and Credit Cards Debit and credit card products issued to retail and corporate customers for point-of-sale, ATM, and online payment transactions.
• Insurance Insurance products distributed to banking customers, typically bundled with personal and business banking relationships.
• Treasury Services Treasury services offered to corporate clients, including foreign exchange and related risk management solutions tied to the bank's regional presence.
• Trade Finance Trade finance products for importers, exporters, and businesses engaged in cross-border East African commerce, including documentary credits, guarantees, and related settlement services.

Quantifiable outcome

• 7% per annum interest on Haba na Haba savings account (daily balance accrual)
• +1 more outcomes

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Direct peers

• CRDB Bank: CRDB Bank is one of the largest Tanzanian commercial banks, offering retail, SME, corporate, and digital banking across Tanzania and the wider East African region. It directly competes with EXIM Bank Tanzania in personal accounts, lending, mobile banking, and trade finance for the same customer base.
• NMB Bank Tanzania: NMB Bank is Tanzania's largest bank by customer base, providing personal, business, and corporate banking plus extensive mobile and agent banking. It overlaps almost one-for-one with EXIM Bank Tanzania's product lines and target segments in the Tanzanian market.
• Equity Bank Tanzania: Equity Bank is a leading East African commercial bank with a strong retail and SME focus and well-developed agent/mobile banking. It competes directly with EXIM in retail deposits, diaspora-style offerings, and digital channels within Tanzania.
• KCB Bank Tanzania: KCB Bank Tanzania is part of the KCB Group, a major East African banking franchise offering personal, business, and corporate banking with mobile-led delivery. It is a direct competitor in the same East African retail and SME corridors as EXIM Bank Tanzania.
• Stanbic Bank Tanzania: Stanbic Bank Tanzania provides personal, business, and corporate banking as part of Standard Bank Group. It competes with EXIM Bank Tanzania in trade finance, FX, treasury, and corporate cash management, while also overlapping in retail deposits.
• Bank of Africa Tanzania: Bank of Africa Tanzania is a mid-sized commercial bank offering personal, SME, and corporate banking. It targets overlapping customer segments as EXIM Bank Tanzania, particularly in retail savings, lending, and merchant payment solutions.
• Diamond Trust Bank Tanzania: Diamond Trust Bank (DTB) Tanzania is a regional commercial bank offering personal, business, and corporate banking across East Africa. It is directly comparable to EXIM Bank Tanzania in retail accounts, lending, and digital channels within the same market.

Broad incumbents

• Standard Chartered Bank Tanzania: Standard Chartered is a global bank with a Tanzanian franchise focused on corporate, institutional, and priority banking. It competes with EXIM in trade finance, FX, and corporate cash management though not primarily in mass-market retail.
• Ecobank Tanzania: Ecobank Tanzania is part of the pan-African Ecobank Group, offering personal, commercial, and corporate banking with strong cross-border capabilities. It is comparable to EXIM Bank Tanzania in multi-country reach and trade finance, while being a much larger incumbent.

Regional players

• Exim Bank Uganda: Exim Bank Uganda is a sister entity in the broader Exim Bank Group operating in Uganda with the same product mix of retail, business, and digital banking. It is a regional peer that shares branding and likely shared group services but operates in a different national market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Exim_BankTZ
• Facebookfacebook.com/EximBankTz

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EXIM Bank Tanzania