Bank of India (Tanzania) Ltd was registered in Tanzania in 2007 with Banking license granted by Bank of Tanzania. Bank started operations on 16th July 2008 by opening its first branch in Dar es Salaam. We have bouquet of Loan, Deposit and Foreign Exchange products which can be further be customized to satisfy customer requirements.
Our bank is wholly owned subsidiary of Bank of India, one of the largest public sector banks in India, established in 1906 and having banking expertise and tradition of over 113 years. Bank of India has over 5100 domestic Branches and 60 foreign offices,5 subsidiaries and 1 joint venture abroad spread over 22 countries covering all the important business centers like New York, London, Paris, Dubai, Hong Kong, Singapore, Jakarta, Nairobi, Antwerp, Jersey, Shenzhen, Beijing, Cambodia, Vietnam, Uganda and all continents including Africa.
We in Bank of India believe in the concept "The Bank that Cares" and ‘Relationship beyond Banking”.
The performance of Bank of India (Tanzania) Limited as on 31st December 2018 was as under
|Capital||TZS 21.50 Billion|
|Total Assets||TZS 161.85 Billion|
|Business Mix||TZS 191.26 Billion|
|Operating Profit||TZS 1.40 Billion|
|Net Profit||TZS 1.04 Billion|
|Names of Directors :|
|1.||Mr. Sharda Bushan Rai- Chairman|
|2.||Mr. Antaryami Sarangi - Managing Director|
|3.||Mr. Anand Venkatachalam - Director|
|4.||Mr. Susanta Sekhar dash - Director|
|5.||Dr. Bernard E Mnzava - Director|
|6.||Mr. Suitbert Kageuka - Director|
|7.||Dr. Paul R Kato - Director|