The Bank has already commenced to offer
24 hours banking services through the TPA Mini Branch located within the Port
Premises, in line with directives of H.E. President John
Pombe Magufuli requiring all institutions responsible with Port activities to
offer services for 24 hours every day.
The bank facilitates payments of all
types of taxes as well as payments for all port charges.
The bank is well prepared and equipped
following the recent initiative to embark on TAXBANK , a collection system whereby the tax payers are able to
pay for their Taxes via TIB Corporate Bank Network to TRA account with an
instant automatic update to TRA system.
Further, TIB Corporate Bank being main banker for Tanzania Port Authority
(TPA) means that all port charges paid through the bank are instantly updated
to TPA records enabling quick progress on other following processes. TIB Corporate Bank Ltd (TIB- CBL) is a fully
fledged commercial bank, 100% owned by the Government of the United Republic of
Tanzania.
The Managing director Frank Nyabundege (centre) explaining the issue to journalists. Left Theresia Soka- Head of Marketing and Corporate Affairs and right is Mwallu Mwachang’a –Director of Corporate Banking
Some of Directors of the Bank at the press conference. Seated from right are Fares Muganda-Director of Risk, Karoli Shayo-Director for Operations, Adolphina William- Director of Credit and Mwallu Mwachang’a –Director of Corporate Banking.
The Bank has a branch network in main cities of
Tanzania, including three in Dar-Es-Salaam namely Samora , Mlimani City and TPA mini branch
and three branches upcountry namely; Arusha, Mwanza, and Mbeya. The branches are
strategically located to serve the Coast, Northern, Lake and Southern zones.The bank offers customized products including
credit facilities, Trade products, cash management products and treasury
products. All these embodied with state of the Art Premier banking lounge to
our esteemed clients.
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