NIC Bank Tanzania Limited is a commercial bank licensed by the Bank of Tanzania.
NIC Bank acquired a stake in Tanzania’s Savings and Finance (S&F) Commercial Bank in 2009 and successfully re-branding it to NIC Bank Tanzania in 2010.
NIC Bank Tanzania currently has a total of six branches, namely, Arusha, Mwanza, Kahama and three in Dar es Salaam – Ohio, Samora and Kariakoo.
NIC Bank Tanzania prides itself as a one stop shop by providing a wide range of financial products and services that include asset finance, personal and business current accounts, savings accounts, trade finance, insurance premium financing, foreign exchange services and institutional banking.
The NIC Bank Group has grown tremendously over the years. The Group also operates in Uganda, through its wholly owned subsidiary NC Bank Uganda Limited. NC Bank is licensed to conduct commercial banking business as well as to provide finance and operating leases.