dar es salaam community bank type public traded as dse dcb industry financial services founded 2001 headquarters dar es salaam tanzania key people paul milyango rupia chairman edmund pancras mkwawa managing director 1 products loans checking savings investments debit cards revenue aftertax us 2.2 million tzs 3.7 billion 2013 total assets us 85.7 million tzs 143.97 billion 2013 website homepage dar es salaam community bank dcb whose official name is dcb commercial bank but is commonly referred to as dcb bank is a commercial bank in tanzania . it is licensed by the bank of tanzania the central bank and national banking regulator . 2 contents 1 overview 2 history 3 ownership 4 branch network 5 governance 6 see also 7 references 8 external links overview edit dcb is a private publicly traded microfinance bank initially established to serve the banking needs of the poorest of the poor in the city of dar es salaam and its suburbs . in 2012 dcb was issued a national banking license to extends its services nationwide . the stock of the bank is listed on the dar es salaam stock exchange . as of december 2013 update the total asset base of dcb was valued at approximately us 85.7 million tzs 143.97 billion . at that time the bank s shareholders equity was valued at about us 19 million tzs 31.98 billion 3 customer deposits at 31 december 2013 totaled tzs 80.3 billion approximately us 47.8 million . 4 history edit dar es salaam community bank was incorporated in september 2001 . in october 2001 dcb received a provisional banking licence from the bank of tanzania the national banking regulator . dcb commenced commercial banking services in april 2002 . in 2003 the bank of tanzania issued dcb with an unrestricted banking license as a regional unit bank whose services are restricted to serving the dar es salaam area only . in 2008 the stock of dcb was floated on the dar es salaam stock exchange through the issuance of an ipo . the stock trades under the symbol dcb . in april 2012 the bank received a national commercial banking license authorising dcb to expand its operations nationwide . the bank rebranded as dcb commercial bank and began to open branches outside dar es salaam . 5 6 ownership edit the shares of the bank s stock is listed on the dar es salaam stock exchange where it trades under the symbol dcb . the bank s stock is owned by the following corporate entities and individuals 7 dar es salaam community bank stock ownership rank name of owner percentage ownership 1 dar es salaam city council 8.86 2 ilala municipal council 8.25 3 kinondoni municipal council 8.11 4 temeke municipal council 7.40 5 unit trust of tanzania 9.05 6 private individuals and corporations 58.33 total 100.00 branch network edit as of november 2014 update dcb maintains branches at the following locations 8 main branch dcb house magomeni mwembechai morogoro road dar es salaam arnautoglu branch arnautoglu building mnazi mmoja bibi titi road dar es salaam magomeni branch dcb house magomeni mwembechai morogoro road dar es salaam temeke branch junction of temeke road & evereth road dar es salaam tabata branch tabata old dampo area dar es salaam mabibo external branch garage area mandela road dar es salaam ukonga branch aviation house banana area nyerere road at kitunda road dar es salaam chanika branch chanika road dar es salaam paul rupia branch kariakoo msimbazi road dar es salaam benjamin mkapa city branch morogo road dar es salaam governance edit the bank s activities are directed by an eight person board of directors . paul milyango rupia one of the non executive directors is the chairman . edmund pancras mkwawa serves as the managing director . 9 see also edit list of banks in tanzania list of banks in africa bank of tanzania economy of tanzania references edit tanzania invest 10 may 2013 . interview with edmund pancras mkwawa managing director of dcb bank tanzania . tanzaniainvest.com . retrieved 13 november 2014 . bot . directory of commercial banks operating in tanzania . bank of tanzania bot . retrieved 13 november 2014 . dcbcb . statement of financial position as at 31 december 2013 pdf . dcb commercial bank dcbcb . retrieved 13 november 2014 . masare alawi 14 february 2014 . dcb profit up 44 % in 2013 fourth quarter . the citizen tanzania dar es salaam . retrieved 13 november 2014 . dcbcb . dcb commercial bank plc. about the bank . dcb commercial bank dcbcb . rugonzibwa pius 4 april 2012 . tanzania dar es salaam bank grows to become commercial bank . tanzania daily news dar es salaam via allafrica.com . retrieved 13 november 2014 . daily news reporter . 30 july 2014 . dcb bank shareholders share tsh1 .8 billion dividend . daily news tanzania dar es salaam . retrieved 13 november 2014 . dcbcb . the branch network of dcb commercial bank tanzania limited . dcb commercial bank dcbcb . retrieved 13 november 2014 . dcbcb . the board of directors of dar es salaam community bank . dcb commercial bank dcbcb . retrieved 13 november 2014 . external links edit website of dar es salaam community bank website of bank of tanzania profile at google finance summary of financial performance in 2011 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 dar es salaam community bank & oldid 736716310 categories banks of tanzaniacompanies of tanzaniacompanies established in 2001economy of dar es salaam2001 establishments in tanzaniahidden categories articles containing potentially dated statements from december 2013all articles containing potentially dated statementsarticles containing potentially dated statements from november 2014 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 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