Exim Bank
  • comoros
  • djibouti
  • uganda

About us

About Us

Since 2007, we have been serving the people of Tanzania and beyond with banking solutions that change the way they live or do business.

About Us

Exim Bank (Tanzania) Ltd, one of the locally established Bank in Tanzania since Aug’ 97, continues to remain in the forefront of providing quality banking services in the Country. Within a short span of 18 years of its existence, the Bank has built strong brand equity through its geographical reach, innovative products, relationship management and ability to provide a faster turnaround in services; and in the process building a loyal customer base.

The bank ranks fifth in the country in terms of total assets as on 31st Dec, 2014. It is the first bank in Tanzania to have established banking footprint overseas – Union of Comoros (2007) &Republic of Djibouti (2011).

The Bank recently opened up its 2nd mini branch model in Zanzibar after the one opened at Kariakoo, Dar es Salaam area at the Ushirika Building; making the total B&M prints to 29, within Tanzania and 36 in all territories.

Our Vision

Our vision is to be the most preferred local bank of choice in Tanzania. We are committed to achieve our vision by providing best innovative banking services at par with international standards in Tanzania.

Pioneering Initiatives

Over the years, Exim Bank has exhibited through its performance that it had ‘An Edge above the Rest’, and has positioned itself as one of the most innovative Bank in the country. Some pioneering initiatives of the Bank remain as a testimony to the same:

  • 1st Bank to introduce Credit Cards in the country;
  • 1st Bank to have established footprint overseas
  • 1st Bank to launch mobile applications for smart phones in Tanzania
  • 1st Bank to Introduce Mobile ATM in the country
  • 1st Bank to Introduce exclusive financing scheme for Women

International Relationships

Exim Bank has financial relationships with international developmental financial institutions viz. IFC, PROPARCO, NORFUND, DEG & FMO etc. to support long-term foreign currency lending to SMEs.

The Bank also caters to the ever-increasing international business needs of its customers through the correspondent banking business with the following banks:-

  • Citibank, USA
  • Deutsche Bank AG, London
  • Bankers’ Trust, Deutsche Bank Trust Company Americas
  • Axis Bank, Hong Kong & India
  • Nedbank, RSA
  • STANBIC to CFC Bank, Kenya
  • PTA Bank.

Exim Bank is the only member bank from Tanzania to join Global Banking Alliance for Women, a worldwide group of banks that share best practices in order to accelerate the global growth and development of women businesses.

Core Business

Our core business is to provide commercial banking solutions to the Retail, Mid & Large Corporates by offering a wide range of innovative products of international standards, in all verticals, including Corporate & retail lending, deposit, payment solutions, foreign exchange operations, cash handling services and other ancillary services etc.

Financial Performance

The Bank’s Total Asset as on 31st December, 2014 is at TZS1.1 trillion (USD564Mi0). The PAT for 2014 is TZS 18.5 Billion (USD 9.8 Mio) representing 52% growth compared to 2013.

Governance Team

The bank is was promoted by 5 Shareholders of which 3 are residents Citizens of Tanzania and represent on the Board. The Bank also has 4 Independent Directors with varied and rich experience in Banking and Corporate Governance.

Our Strength

Being an indigenous bank, Exim has been endowed with intrinsic strength viz. deep knowledge of the Local Market & the Operating Environment, Strong Management Bandwidth and an ability to provide faster decision. The bank has been able to well establish these as its USPs, leading to sustained to growth and brand image.

Strategic Vision through Transformation

The bank is in the process of transforming itself to be a strong Regional Bank with best International practices. With such sights in mind the bank has roped in some of the best advisors (globally) to assist on Processes, Technology, Centralization & Enterprise wide Risk Management.
Overall, the bank is in the cusp of major transformation from an Indigenous bank to a Strong Regional player.

The medium term vision of the bank is to be the ‘Leader in Payments and Transactions’ as also to be a ‘Preferred choice for businesses’.

Some of the coveted recognitions in the recent past viz. ‘No 1 in Customer Care – by KPMG’, having been shortlisted for ‘FT Sustainable bank of the year for Middle East & Africa’ as one amongst the 3 and being recognised by NBAA, the local accounting body for ‘Best presented financial statements’ add to the confidence and motivation of the entire team @ Exim Bank.