Maendeleo Bank PLC (DAR:MBP)
Tanzania flag Tanzania · Delayed Price · Currency is TZS
750.00
0.00 (0.00%)
At close: Aug 13, 2025

Maendeleo Bank Company Description

Maendeleo Bank PLC provides banking products and services in Tanzania.

The company offers accounts, such as achievers for students, salary, Ahadi, Wekeza, executive saving, fixed deposit, business current, flexi fixed, and community accounts.

It also provides loan products, including executive loan for senior executives, managers, head of departments, directors, chiefs, and high net worth individuals; agribusiness loan; Jamii loan for projects by religious institutions; poultry financing; house microfinance loan; small group loans; MSME loan for small and medium enterprises; savings and co-operative credit societies loan; salary loans; renewable energy loan; and sepa na bajaji loan, which includes insurance.

In addition, the company offers agency, mobile, and internet banking, as well as other ICT-driven solutions.

Maendeleo Bank PLC was incorporated in 2011 and is headquartered in Dar es Salaam, Tanzania.

Maendeleo Bank PLC
CountryTanzania
Founded2011
IndustryCommercial Banks
Employees125
CEOLomnyaki Saitabau

Contact Details

Address:
Luther House
Dar es Salaam
Tanzania
Phone255 80 075 0089
Websitemaendeleobank.co.tz

Stock Details

Ticker SymbolMBP
ExchangeTanzania Stock Exchange
Fiscal YearJanuary - December
Reporting CurrencyTZS
SIC Code6020

Key Executives

NamePosition
Lomnyaki SaitabauChief Executive Officer
Nolasco CharlesChief Financial Officer
George WandwaloChief Operating Officer