Equity : Bank spreads its wings to Zanzibar

Equity Bank spreads its wings to Zanzibar

'Since 2012 when Equity Bank set foot here in Tanzania, we have made major investments that have seen us play a pivotal role towards the economic growth of the Tanzanian economy as well as the financial sector as a whole. Our entry into Zanzibar underscores our commitment to further entrench our offering into the region', Mr. Iha said.

The bank, he said is keen on expanding its services across Africa and continues to put in place the necessary steps geared towards fulfilling the financial inclusion agenda. The bank believes that through this move, it will also significantly contribute towards the achievements of Zanzibar's economic blueprint Vision 2020. Equity Bank Tanzania is the only bank in the region that offers financial literacy training aimed at empowering its customers with financial management skills, a move that has led to the growth of its Fanikisha loan products that target women.

The newly opened Equity Bank Branch in Zanzibar

About Equity Bank Tanzania

Equity Bank Tanzania Limited commenced its operations in 2012 with two branches. Currently, the bank has 14 branches in operation, namely: Quality Centre, Arusha, Kariokoo, Golden Jubilee, Mwanza, Supreme Centre, Mwenge, Mbagala, Dodoma, Temeke, Diaspora Branch, Moshi, Mbeya, Zanzibar,

The branch network is supported by over 800 agents and merchants and 17 ATM outlets. Equity Bank Tanzania is part of Equity Group Holdings which has other banking subsidiaries in Kenya, Uganda, South Sudan, Rwanda and the Democratic Republic of Congo. The vision of Equity Bank is to champion the social economic prosperity of the people of Africa while its purpose is to transform the lives and livelihoods of the people socially and economically by availing them modern, inclusive financial services that maximize their opportunities. Equity Bank has been a leader in financial innovation. It was the first bank to introduce the EMV compliant ATM cards in the country and played a lead role in championing agency banking in Tanzania that continues to demystify banking by taking financial services to the door steps of citizens in Tanzania.

For more information about Equity Bank Tanzania, please visit www.tz.equitybankgroup.com.

For more information, please contact:

Alex Muhia

Equity Bank Group

T: 0763 618871; Office 0763 026007

E: [e-mail]

E: [e-mail]

Carol Wairugu

Ogilvy PR

T:- 0727 015797

E: [e-mail]

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