private traded as dse mkcb industry financial services founded 2009 headquarters dar es salaam tanzania key people method anatoli kashonda chairman edwina agnellus lupembe managing director & ceo products loans checking savings investments debit cards revenue aftertax us 70 500 tzs 119 million 2013 total assets us 37.94 million tzs 64.03 billion 2013 website homepage mkombozi commercial bank plc. mkcb is a commercial bank in tanzania . it is licensed by bank of tanzania the central bank and national banking regulator . 1 mkombozi is a swahili word meaning savior . contents 1 overview 2 history 3 ownership 4 branch network 5 governance 6 see also 7 references 8 external links overview edit the bank is a small commercial bank that focuses on serving the lower social economic classes in tanzania along with their small to medium enterprises smes . as of december 2013 update the bank s total asset valuation was approximately us 37.94 million tzs 64.03 billion with shareholder s equity of approximately us 6.82 million tzs 11.5 billion . the bank made a profit of tsh119 million us 70 500 in calendar year 2013 . 2 history edit the bank obtained a commercial banking licence from the bank of tanzania the national banking regulator in july 2009 . mkcb then opened for business in august 2009 . ownership edit mkombozi commercial bank is owned by tanzanian catholic dioceses parishes and individuals of all religious persuasions . in order to raise the us 5 million tzs 7.8 billion initial share capital shares were sold to individuals and businesses in batches of 100 shares at us 0.75 per share . 3 in november 2014 the bank floated its shares of the dar es salaam stock exchange dse with three main objectives a to raise paid up capital above the new statutory minimum of tsh15 billion us 9 million before 1 march 2015 b to raise funds for expanded lending and c to source funding for opening more branches . 4 5 branch network edit as of december 2015 update mkcb maintains a network of branches at the following locations 6 main branch st joseph s catholic church 40 mansfield street dar es salaam mwanza branch mwanza msimbazi branch msimbazi ilala district dar es salaam kariakoo branch kariakoo dar es salaam . moshi branch moshi town kilimanjaro bukoba branch bukoba town kagera . governance edit the board of directors of the bank comprises eight individuals . the chairman is one of the seven non executive directors . the current chairman is method kashonda . the current managing director and chief executive officer ceo is edwina agnellus lupembe . 7 see also edit list of banks in tanzania list of banks in africa bank of tanzania economy of tanzania references edit bot . directory of commercial banks operating in tanzania . bank of tanzania bot . retrieved 14 november 2014 . dse . 12 november 2014 . mkombozi commercial bank ipo . dar es salaam stock exchange dse . retrieved 15 november 2014 . mbonea israel 31 august 2009 . tanzania dar catholics launch bank . east african business week kampala . retrieved 15 november 2014 . tanzania invest . 11 november 2014 . tanzania s mkombozi commercial bank announces initial public offering and listing at dar es salaam stock exchange . tanzaniainvest.com . retrieved 15 november 2014 . daily news reporter . 3 november 2014 . mkombozi bank formally goes public offers 5 million shares . tanzania daily news dar es salaam . retrieved 14 november 2014 . mkcb . the branches of mkombozi commercial bank . mkombozi commercial bank mkcb . retrieved 15 november 2014 . mkcb . the board of directors of mkombozi commercial bank . mkombozi commercial bank mkcb . retrieved 15 november 2014 . external links edit website of mkombozi commercial bank website of bank of tanzania v t e banks of tanzania big four banks crdb bank exim bank national bank of commerce nbc national microfinance bank nmb commercial banks accessbank advans bank akiba commercial bank amana bank azania bank bank m bank of baroda barclays bank tanzania commercial bank of africa dar es salaam community bank diamond trust bank ecobank equity bank first national bank tanzania fbme bank habib african bank i & m bank icb bank kenya commercial bank mkombozi commercial bank nic bank people s bank of zanzibar major foreign banks bancabc bank of africa citibank bank of india stanbic bank standard chartered united bank for africa united bank limited financial institutions maendeleo bank tanzania postal bank tanzania women s bank limited development bank tanzania agricultural development bank tanzania investment bank central bank of tanzania retrieved from https en.wikipedia.org w index.php title mkombozi commercial bank & oldid 741162151 categories banks of tanzaniaeconomy of dar es salaambanks established in 20092009 establishments in tanzaniahidden categories articles containing potentially dated statements from december 2013all articles containing potentially dated statementsarticles containing potentially dated statements from december 2015 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 25 september 2016 at 19 51 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view