Investors Information

The Principal Activities of the Bank

 The principal activities of the bank are that of:-

  • Mobilizing financial resources from individuals, institutions and development partners for financing the informal sector in order to support the government's endeavors in poverty alleviation.

  • Providing an enabling environment for self-employment for the unemployed population in Tanzania

  • Providing commercial services and support to the target group at truly subsidized 'full cost recovery and a profit margin' rates in order to enable the bank to consolidate itself and maximize returns to its shareholders. 

  • Providing lending services            

Ownership Structure

 The Bank’s capital structure for the year under review is shown below:- 

Authorised

  • 400,000,000 ordinary shares of TZS 250 each

Called up and fully paid

67,827,897ordinary shares of TZS 250 each 

The shares of the Bank are held as follows:


Name 

No. of 

shares 

Value of shares TZS 

% holding 

UTT-AMIS

15,414,454

3,853,613,500

22.73%

Dar es Salaam City Council

6,832,094

1,708,023,500

10.07%

Ilala Municipal Council

6,357,426

1,589,356,500

9.37%

Kinondoni Municipal Council

6,250,022

1,562,505,500

9.21%

Temeke Municipal Council

5,703,754

1,425,938,500

8.41%

National Health Insurance Fund

4,000,000

1,000,000,000

5.90%

Other 4,603 members

23,270,147

5,817,536,750

34.31%

Total share capital 

67,827,897 

16,956,974,250 

100.00% 

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