Mkombozi Commercial Bank Plc

Name

Mkombozi Commercial Bank Plc

Website

https://mkombozibank.com

Company type

Private

Founded year

2009

Operating status

Operating

Short description

Mkombozi Commercial Bank Plc is a Tanzanian private commercial bank, established in 2009, that provides banking and financial services to individual customers, SMEs, corporate companies, and SACCOS cooperatives.

Ownership category

akta.pro rank

Product category

Commercial Banking

NAICS

Commercial Banking (522110), Commercial Banking (52211)

SIC

National Commercial Banks (6021), State Commercial Banks (6022)

akta.pro primary industry

General SME & Middle-Market Commercial Banking (FSABABAA)

akta.pro secondary industries

SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC), SME Sector/Specialty Banking (Vertical-focused: Healthcare, Agri, Tech, etc.) (FSABABAI), Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI)

Keywords

• Commercial banking
• Retail banking
• SME banking
• Cooperative banking
• Consumer lending

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Core offering

Mkombozi Commercial Bank Plc is a Tanzanian commercial bank that provides banking and financial services to individuals, small and medium enterprises (SMEs), companies, and Savings and Credit Cooperative Organizations (SACCOS). The bank offers standard commercial banking products, including deposit accounts and lending facilities, as part of its retail and corporate banking operations since its founding in 2009.

Differentiator

Problem solved

Functional benefit

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Direct peers

• CRDB Bank Plc: One of Tanzania's largest commercial banks, listed on the Dar es Salaam Stock Exchange, serving retail, SME, corporate, and institutional customers across the country — directly comparable multi-segment commercial-banking model to Mkombozi.
• Co-operative Bank of Tanzania (Coop Bank): Tanzanian bank with historical roots in cooperative banking; offers retail, SME, and SACCOS-adjacent services, making it particularly comparable to Mkombozi's cooperative-society focus.
• NBC Bank (Absa Bank Tanzania): Full-service Tanzanian commercial bank (formerly National Bank of Commerce, now part of Absa Group) offering retail, SME, and corporate banking — a direct competitor for the same customer segments as Mkombozi.
• KCB Bank Tanzania: East African regional banking group with a Tanzanian subsidiary offering retail, SME, and corporate banking; comparable multi-segment strategy and cross-border expansion playbook.
• I&M Bank Tanzania: Tanzanian subsidiary of I&M Group with retail, SME, and corporate banking offerings — a direct competitor in the mid-market commercial-banking space.
• Bank of Africa Tanzania (BOA Tanzania): Tanzanian commercial bank owned by Bank of Africa Group, providing SME, corporate, and retail banking services; competes in the same mid-tier commercial-banking segment as Mkombozi.
• NMB Bank Plc: Tanzania's largest bank by assets, with deep retail and SME penetration including microfinance origination; serves corporates and SACCOS-adjacent cooperatives, making it the closest direct competitor in scope and customer mix.
• Equity Bank Tanzania: Pan-African banking group with a Tanzanian subsidiary focused on financial inclusion, SMEs, and microfinance — directly comparable mission and customer-targeting approach to Mkombozi.

Broad incumbents

• Standard Chartered Bank Tanzania: Global bank with a Tanzanian franchise focused on corporate, trade finance, and affluent retail; competes with Mkombozi for SME and corporate deposits and FX/transaction-banking business, though with a different segment emphasis.

Regional players

• TPB Bank Plc (Tanzania Postal Bank): Tanzanian state-linked bank focused on financial inclusion and SME/retail banking with a national footprint; competes with Mkombozi in the underbanked-customer segment.

Market position

Customer concentration

• LinkedInlinkedin.com/company/mkombozi-commercial-bank-plc

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 Mkombozi Commercial Bank Plc