Standard Bank Tanzania is the Tanzanian subsidiary of the Standard Bank Group, Africa’s largest banking institution by assets. Established in 1995 following the acquisition of the operations of Meridien Biao Bank, it operates under the Stanbic brand across East Africa.
Over the years, Stanbic Bank Tanzania has grown into a trusted full-service commercial bank serving individuals, SMEs, and corporates with a diverse portfolio of products including personal and business banking, trade and project finance, treasury services, and wealth-management solutions. Leveraging pan-African expertise and a global mindset, it delivers tailored financial solutions fused with regional insights and local presence.
Thanks to its backing by a global banking group, Stanbic is especially prominent in Corporate & Investment Banking, offering services such as capital markets advisory, project financing, global markets trading, and transactional banking through its PrimusPlus platform.
Meanwhile, its personal and SME banking divisions benefit from a deepening footprint via agency banking networks, mobile and internet banking platforms, and targeted support for women entrepreneurs and youth inclusion programs.
While it faces strong competition from institutions like CRDB, NMB, Equity, and Access Bank Tanzania, its international pedigree, project-finance track record, and commercial banking expertise distinguish it in Tanzania’s banking landscape.