Standard Chartered Tanzania
{{Infobox company
| name = Standard Chartered Bank Tanzania
| type = Subsidiary
| foundation = {{start date and age |1917}}
| location_city = Dar es Salaam
| location_country = Tanzania
| key_people =
| num_employees = 337 (2011)
| assets = US$793.1 million (TZS:1.24 trillion) (2011)
| revenue =
| industry = Financial services
| products = Loans, Checking, Savings, Investments, Debit Cards
| parent = Standard Chartered Bank
| homepage = {{URL |www.sc.com/tz}}
}}
Standard Chartered Tanzania, whose official name is Standard Chartered Bank Tanzania Limited, but is often referred to as Stanchart Tanzania, is a commercial bank in Tanzania, and is a wholly owned subsidiary of Standard Chartered. It is one of the banks licensed by the Bank of Tanzania, the national banking regulator.[http://www.bot-tz.org/BankingSupervision/RegisteredBanks.asp List of Licensed Commercial Banks in Tanzania]
The bank serves retail customers, corporate customer, and medium to large business enterprises. {{As of |December 2011}}, it was the fifth-largest commercial bank in Tanzania, by assets, with an estimated asset base of US$793.1 million (TZS:1.24 trillion).[http://in2eastafrica.net/stanchart-net-profit-up-three-times/ Stanchart Tanzania December 2011 Total Assets]
History
The bank was established in 1911. In 1967 its assets were nationalized, but was returned to its current owners in 1992. Stanchart Tanzania focuses on the following banking sectors: (a) agriculture (b) trading and (c) manufacturing. It also maintains a department solely devoted to small-to-medium enterprises (SMEs).{{Cite web|url=http://www.standardchartered.com/tz/about-us/en/|title=About us - Standard Chartered Bank Tanzania|website=www.standardchartered.com|access-date=2017-09-03}}
Ownership
Stanchart Tanzania is a subsidiary of the Standard Chartered Bank Group, an International financial services conglomerate, headquartered in London in the United Kingdom, with operations in more than seventy countries and a network of over 1,700 branches, employing in excess of 73,000 people.{{Cite web|url=http://www.standardchartered.com/home/en/index.html|title=Redirect|website=www.standardchartered.com|access-date=2017-09-03}}
The stock of the Standard Chartered Bank Group is listed on the London Stock Exchange, the National Stock Exchange of India and the Hong Kong Stock Exchange.
Branch Network
{{as of|December 2011}}, Standard Chartered Bank Tanzania operates a network of seven (7) branches, in the following locations and controls a network of eight (8) Automated Teller Machines (ATMs):{{Cite web|url=http://www.standardchartered.com/tz/atms-and-branches/en/|title=ATMs & Branches - Standard Chartered Bank Tanzania|website=www.standardchartered.com|access-date=2017-09-03}}
- Main Branch - International House Building, Shaaban Robert Street at Garden Avenue, Dar es Salaam
- NIC Branch - NIC Life House Building, Sokoine Drive at Ohio Street, Dar es Salaam
- Shoppers Plaza Branch - Shoppers Plaza Building, Mikocheni, Old Bagamoyo Road, Dar es Salaam
- Kariakoo Branch - Narung’ombe Street, Kariakoo, Dar es Salaam
- Mwanza Branch - Chama Cha Mapinduzi Building, Makongoro Road, Mwanza
- Moshi Branch - 98 Rindi Lane Road, Moshi
- Arusha Branch - Sykes Building, Goliondo Road, Arusha