The People's Bank of Zanzibar is a reputable financial institution. It was established in 1996.
The bank's main objective is to provide financial services to the people of Zanzibar. Its services are designed to promote economic growth and development.
The bank offers a range of financial products and services, including loans, savings accounts, and foreign exchange services. These services are available to individuals, businesses, and organizations.
The bank's headquarters is located in Stone Town, Zanzibar City.
A fresh viewpoint: Banks and Banking Services
Bank Operations
The People's Bank of Zanzibar has a strong online presence, with an e-banking system that allows customers to manage their accounts and perform transactions from anywhere with an internet connection.
Their e-banking system is user-friendly and accessible 24/7, making it convenient for customers to bank on their own schedule.
The bank offers a range of services, including account opening, loan applications, and bill payments, all of which can be completed online.
Their customer service team is also available to assist with any issues or queries customers may have.
Readers also liked: Problems with Td Bank Banking Payment System Complaints
The People's Bank of Zanzibar has a network of branches and ATMs across Zanzibar, providing customers with easy access to their services.
These branches and ATMs are strategically located in key areas, making it easy for customers to find one near them.
The bank also has a mobile banking app that allows customers to manage their accounts and perform transactions on their mobile devices.
Their mobile banking app is available for both iOS and Android devices, making it accessible to a wide range of customers.
Consider reading: Td Bank Mobile Banking App
Bank Information
The People's Bank of Zanzibar is a reputable financial institution with a strong presence in the region. It was established in 1994.
The bank has a wide range of services, including mobile banking, which allows customers to perform various transactions using their mobile phones.
The People's Bank of Zanzibar has over 20 branches across the island, providing easy access to banking services for its customers.
Take a look at this: How Many People Fit in Bank of America Stadium
Ownership
The ownership structure of PBZ is quite straightforward. PBZ is wholly owned by the government of Zanzibar.
Branch Network
The Peoples Bank of Zanzibar Limited has a total of 11 branches spread across various locations.
The bank's main branch is located near the Ministry of Agriculture in Zanzibar.
You can find the Malindi Branch at this location, making it a convenient spot for banking services.
The bank also has a presence in Pemba, with a branch located in Chake-Chake.
Forodhani Park in Zanzibar is home to another branch, which is easily accessible for locals and tourists alike.
Additionally, the bank has branches in Mwanakwerekwe, Mkoani, Wete, Mlandege, Kariakoo, Dar es Salaam, Tazara, and Mtwara.
Here's a list of all the branches:
- Malindi Branch - Near Ministry of Agriculture, Zanzibar
- Chake Chake Branch - Chake-Chake, Pemba
- Forodhani Branch - Forodhani Park, Zanzibar
- Mwanakwerekwe Branch - Mwanakwerekwe, Zanzibar
- Mkoani Branch - Zanzibar Port Authority Building, Zanzibar
- Wete Branch - Ground Floor, Zanzibar Electricity Corporation Building, Zanzibar
- Mlandege Branch - Muzammil Building, Mlandege
- Kariakoo Branch - Opposite Kariakoo Main Market, Zanzibar
- Dar es Salaam Branch I - Mbagala, Dar es Salaam
- Tazara Branch - Dar es Salaam, Junction of TAZARA
- Mtwara Branch - Mtwara
Swift Codes
Swift codes are used to identify financial institutions globally, but they can be tricky to get right. One financial institution can have several SWIFT codes representing different branches.
Always double-check with the recipient before sending money to ensure you have the right SWIFT code, as financial institutions may have several different codes that differ by just a few letters or numbers.
It's not uncommon for banks to have multiple SWIFT codes, so verifying the code with the recipient is crucial to avoid any issues.
Recommended read: The Surat People's Co Op Bank Ifsc Code
Frequently Asked Questions
Who owns PBZ bank?
PBZ bank is owned by the government of Zanzibar. The bank is a wholly government-owned institution.
How many branches are there of PBZ Bank?
As of September 2022, PBZ Bank has a total of 28 branches across Zanzibar and Tanzania Mainland. You can find a branch near you in our extensive network.
Sources
- https://en.wikipedia.org/wiki/People%27s_Bank_of_Zanzibar
- https://rocketreach.co/the-peoples-bank-of-zanzibar-limited-profile_b5f636fcf42e8d21
- https://www.acquisition-international.com/peoples-bank-of-zanzibar-successfully-deploys-bank-bi-aml-from-pio-tech/
- https://www.thecitizen.co.tz/tanzania/supplement/pbz-bank-awarded-first-place-at-the-47th-dar-es-salaam-international-trade-fair-4317348
- https://www.theswiftcodes.com/tanzania/pbzatztznwk/
Featured Images: pexels.com
