Mwalimu Commercial Bank Company Description
Mwalimu Commercial Bank PLC engages personal and business banking services in Tanzania.
The company offers time deposits accounts, personal current, foreign currency current and savings, student and tunu, semi fixed, child saving, and career accounts for individual customers; and business banking accounts, including corporate current, call deposit, and club/NGO current accounts.
It also provides loan products comprising short and medium term, long term, personal, wastaafu, insurance premium financing, global education, and MSME business loans, as well as salary advances; and business overdrafts and bank guarantees.
In addition, the company offers insurance products, such as fire and allied perils, liability, motor, marine, engineering, agricultural, and life insurance products.
Further, the company engages in foreign exchange activities and other banking services, such as alternative delivery channels and money transfer services.
Mwalimu Commercial Bank PLC was incorporated in 2012 and is headquartered in Dar es Salaam, Tanzania.
| Country | Tanzania |
| Founded | 2012 |
| Industry | Commercial Banks |
| Employees | 80 |
| CEO | Richard Makungwa |
Contact Details
Address: Mlimani Tower Dar es Salaam Tanzania | |
| Phone | 255 0800 750 033 |
| Website | mwalimubank.co.tz |
Stock Details
| Ticker Symbol | MCB |
| Exchange | Tanzania Stock Exchange |
| Fiscal Year | January - December |
| Reporting Currency | TZS |
| SIC Code | 6020 |
Key Executives
| Name | Position |
|---|---|
| Richard Makungwa | Chief Executive Officer |
| Mussa Mwachaga | Chief Financial Officer |
| Abdallah Kirungi | Chief Operating Officer |