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Number of Banks in Tanzania

Last Updated: Jun 1, 2021

Number of banks reached 36.0 banks in 2015 in Tanzania, according to the National Central Bank. This is 5.88 % more than in the previous year.

Historically, number of banks in Tanzania reached an all time high of 36.0 banks in 2015 and an all time low of banks in. When compared to Tanzania's main peers, number of banks in Kenya amounted to 43.0 banks, 18.0 banks in Mozambique, 25.0 banks in Uganda and 19.0 banks in Zambia in 2015.

Tanzania has been ranked 47th within the group of 164 countries we follow in terms of number of banks, 23 places above the position seen 10 years ago.


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