First National Bank Tanzania (FNBT), is a commercial bank in Tanzania. It is one of the commercial banks licensed by the Bank of Tanzania, the national banking regulator.[1] It is a subsidiary of South Africa-based FirstRand Group.
FNBT is a small commercial bank in Tanzania.
History
The bank commenced operations in Tanzania, in July 2011, following the issuance of a commercial banking licence by the Bank of Tanzania, the country's central bank and national banking regulator. Its headquarters and main branch are located in Dar es Salaam, the national capital and largest city in the country.
Ownership
As of, FNBT stock is 100% owned by the FirstRand Group, a large financial services provider, based in South Africa, with subsidiaries in about 10 sub-Saharan countries, as well as in Australia and India. The stock of the group is listed on the Johannesburg Securities Exchange