NBC Bank, officially known as the National Bank of Commerce, is one of Tanzania’s most established financial institutions. It was originally formed following the nationalization of private banks in the late 1960s. Over the years, the bank underwent restructuring, with significant developments in the early 2000s when it attracted international investment. Today, NBC provides a comprehensive suite of services including retail banking, corporate banking, and investment services. With a strong presence across the country through its network of branches and ATMs, NBC continues to be a trusted financial partner for individuals and businesses alike.
NBC has taken proactive steps to support economic development in Tanzania, particularly focusing on the growth of small and medium enterprises (SMEs). In 2025, the bank launched a multi-billion-shilling bond to raise long-term funds dedicated to empowering local businesses. In addition, NBC has formed partnerships with technology-focused organizations to support digital financial services, offering loans and solutions tailored to fintech firms and startups. These initiatives reflect the bank’s broader commitment to innovation, entrepreneurship, and inclusive economic growth.
NBC Bank is widely recognized for its strong corporate social responsibility efforts. It has implemented various programs aimed at promoting financial literacy, healthcare access, and educational support. The bank has been particularly active in supporting women and youth through financial education campaigns, health outreach via mobile clinics, and scholarships for key professions such as midwifery. Its internal policies also reflect its values, with nearly half of its leadership and workforce comprising women—demonstrating its dedication to gender equality and inclusive growth in the workplace and beyond.
