The headquarters and main branch of Amana Bank are located in Golden Jubilee Tower, along Garden Avenue, in the central business district of the city of Dar es Salaam, the largest city and financial capital of Tanzania. The geographical coordinates of Golden Jubilee Tower are: 06°48'49.0"S, 39°17'21.0"E (Latitude:-6.813611; Longitude:39.289167).[2]
OverviewEdit
The bank is a fully licensed Islamic banking institution. As of July 2016[update], the bank had over 34,000 customers, served through seven branches, of which five were in Dar es Salaam, one in Mwanza and one in Arusha.[3] As of 31 December 2017, the bank's total assets were valued at TSh 204 billion (US$89.7 million), with shareholders' equity of TSh 23.7 billion (US$10.43 million).[4]
HistoryEdit
Amana Bank was established in 2011 with paid-up capital of TSh 27 billion (approx. US$12.6 million in 2016 money). It is the first fully Sharia-compliant bank in Tanzania. The discussions to establish this bank date back to October 2009, among prominent Tanzanian business personalities.[5]
Branch NetworkEdit
As of September 2018, the bank maintained branches at the following locations:[3][6][7]
Headquarters Branch: 2nd Floor, Golden Jubilee Tower, Ohio Street, Dar es SalaamMain Branch
Nyerere Branch: DRTC House, Nyerere Road, Dar es Salaam
Lumumba Branch: Lumumba Street, Kariakoo, Dar es Salaam
Mbagala Branch: Mbagala Zakhem, Mbagala, Dar es Salaam
Tandamti Branch: Tandamti Street, Opposite Kariakoo Market, Dar es Salaam
Arusha Branch: Ground Floor, Hugo Plaza Building, Corner of Wapare Street & Majengo Street, Arusha
^Bank of Tanzania (30 June 2017). "Directory of Banks and Financial Institutions Operating in Tanzania as of 30 June 2017" (PDF). Dar es Salaam: Bank of Tanzania. Retrieved 8 May 2018.
^Google (8 May 2018). "Location of the Headquarters of Amana Bank Tanzania Limited, Golden Jubilee Tower, Garden Avenue, Dar es Salaam, Tanzania" (Map). Google Maps. Google. Retrieved 8 May 2018.
^ abMwakyusa, Alvar (8 July 2016). "Tanzania: Amana Bank Loans Reach TSh 170 Billion in Five Years Time". Tanzania Daily News via AllAfrica.com. Dar es Salaam. Retrieved 8 July 2016.
^Amana Bank Limited (24 March 2018). "Audited Financials for the Year Ended 31 December 2017" (PDF). Dar es Salaam: Amana Bank Tanzania Limited. Retrieved 8 May 2018.
^Amana Bank (8 May 2018). . Dar es Salaam: Amana Bank Tanzania Limited. Archived from the original on 8 May 2018. Retrieved 8 May 2018.
^Amana Bank Tanzania (8 May 2018). . Dar es Salaam: Amana Bank Tanzania Limited. Archived from the original on 8 May 2018. Retrieved 8 May 2018.
^Karega, Victor (29 November 2017). "Bank of Tanzania dispels Islamic bank closure rumours". The EastAfrican. Nairobi. Retrieved 8 May 2018.
^ abMirondo, Rosemary (8 July 2016). "Tanzania: Amana Bank Set to Open Two More Branches". The Citizen via AllAfrica.com. Dar es Salaam. Retrieved 8 July 2016.
^Corporate Digest (2014). "Amana Bank to Open Seven New Branches in Various Regions". Corporate Digest. Retrieved 8 May 2018.
External linksEdit
Amana Bank disburses TZS:36 billion in loans, as of June 2016
Tanzania: Amana Bank Loan Portfolio Surges
Website of Amana Bank Limited
August 28, 2023
amana, bank, tanzania, amana, bank, commercial, bank, tanzania, licensed, bank, tanzania, central, bank, national, banking, regulator, amana, bank, limitedtypeprivateindustryfinancial, servicesfounded2011, years, 2011, headquarters2nd, floor, golden, jubilee, . Amana Bank is a commercial bank in Tanzania It is licensed by the Bank of Tanzania the central bank and national banking regulator 1 Amana Bank LimitedTypePrivateIndustryFinancial servicesFounded2011 12 years ago 2011 Headquarters2nd Floor Golden Jubilee Tower Ohio Street Dar es Salaam TanzaniaNumber of locations8 branchesKey peopleMushin MasoudManaging DirectorProductsLoans Transaction accounts Savings Investments Debit CardsRevenueAfter Tax TSh 989 65 billion US 435 062 million 2017 Total assetsTSh 204 billion US 89 7 million 2017 Number of employees150 2017 WebsiteBank website Contents 1 Location 2 Overview 3 History 4 Branch Network 5 See also 6 References 7 External linksLocation EditThe headquarters and main branch of Amana Bank are located in Golden Jubilee Tower along Garden Avenue in the central business district of the city of Dar es Salaam the largest city and financial capital of Tanzania The geographical coordinates of Golden Jubilee Tower are 06 48 49 0 S 39 17 21 0 E Latitude 6 813611 Longitude 39 289167 2 Overview EditThe bank is a fully licensed Islamic banking institution As of July 2016 update the bank had over 34 000 customers served through seven branches of which five were in Dar es Salaam one in Mwanza and one in Arusha 3 As of 31 December 2017 the bank s total assets were valued at TSh 204 billion US 89 7 million with shareholders equity of TSh 23 7 billion US 10 43 million 4 History EditAmana Bank was established in 2011 with paid up capital of TSh 27 billion approx US 12 6 million in 2016 money It is the first fully Sharia compliant bank in Tanzania The discussions to establish this bank date back to October 2009 among prominent Tanzanian business personalities 5 Branch Network EditAs of September 2018 the bank maintained branches at the following locations 3 6 7 Headquarters Branch 2nd Floor Golden Jubilee Tower Ohio Street Dar es Salaam Main Branch Nyerere Branch DRTC House Nyerere Road Dar es Salaam Lumumba Branch Lumumba Street Kariakoo Dar es Salaam Mbagala Branch Mbagala Zakhem Mbagala Dar es Salaam Tandamti Branch Tandamti Street Opposite Kariakoo Market Dar es Salaam Arusha Branch Ground Floor Hugo Plaza Building Corner of Wapare Street amp Majengo Street Arusha Mwanza Branch Ground Floor Plot no 231 Block T Kenyatta Street Mwanza Tanga Branch North East side of Uhuru Park Market Street Tanga Zanzibar Branch Zanzibar In Development 8 Pemba Branch Pemba In Development 8 9 See also EditList of banks in Tanzania List of banks in Africa Bank of Tanzania Economy of Tanzania Banks portalReferences Edit Bank of Tanzania 30 June 2017 Directory of Banks and Financial Institutions Operating in Tanzania as of 30 June 2017 PDF Dar es Salaam Bank of Tanzania Retrieved 8 May 2018 Google 8 May 2018 Location of the Headquarters of Amana Bank Tanzania Limited Golden Jubilee Tower Garden Avenue Dar es Salaam Tanzania Map Google Maps Google Retrieved 8 May 2018 a b Mwakyusa Alvar 8 July 2016 Tanzania Amana Bank Loans Reach TSh 170 Billion in Five Years Time Tanzania Daily News via AllAfrica com Dar es Salaam Retrieved 8 July 2016 Amana Bank Limited 24 March 2018 Audited Financials for the Year Ended 31 December 2017 PDF Dar es Salaam Amana Bank Tanzania Limited Retrieved 8 May 2018 Amana Bank 8 May 2018 Amana Bank Corporate Profile Origin of the Bank Dar es Salaam Amana Bank Tanzania Limited Archived from the original on 8 May 2018 Retrieved 8 May 2018 Amana Bank Tanzania 8 May 2018 List of Branches of Amana Bank Tanzania Limited Dar es Salaam Amana Bank Tanzania Limited Archived from the original on 8 May 2018 Retrieved 8 May 2018 Karega Victor 29 November 2017 Bank of Tanzania dispels Islamic bank closure rumours The EastAfrican Nairobi Retrieved 8 May 2018 a b Mirondo Rosemary 8 July 2016 Tanzania Amana Bank Set to Open Two More Branches The Citizen via AllAfrica com Dar es Salaam Retrieved 8 July 2016 Corporate Digest 2014 Amana Bank to Open Seven New Branches in Various Regions Corporate Digest Retrieved 8 May 2018 External links EditAmana Bank disburses TZS 36 billion in loans as of June 2016 Tanzania Amana Bank Loan Portfolio Surges Website of Amana Bank Limited Website of Bank of Tanzania Retrieved from https en wikipedia org w index php title Amana Bank Tanzania amp oldid 1122790523, wikipedia, wiki, book, books, library,
