DCB Commercial Bank

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DCB Commercial Bank

DCB Commercial Bank

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About Us

​DCB Commercial Bank, formerly known as Dar es Salaam Community Bank, is a commercial bank in Tanzania. Established in 2001, it initially focused on serving the Dar es Salaam region but expanded its services nationwide after receiving a national banking license in 2012.

Key Milestones:

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  • 2001: Incorporated and commenced operations as Dar es Salaam Community Bank, targeting microfinance services for the local community.
  • 2008: Listed on the Dar es Salaam Stock Exchange (DSE) under the symbol DCB, allowing public investment and enhancing capital for expansion.
  • 2012: Transitioned to a national commercial bank, rebranding as DCB Commercial Bank and extending services beyond Dar es Salaam.

Ownership Structure:

As of the latest available data, the bank’s ownership includes:

  • Dar es Salaam City Council: 8.86%
  • Ilala Municipal Council: 8.25%
  • Kinondoni Municipal Council: 8.11%
  • Temeke Municipal Council: 7.40%
  • Unit Trust of Tanzania: 9.05%
  • Private Individuals and Corporations: 58.33%

This diversified ownership reflects a mix of public institutions and private investors.

Branch Network:

DCB Commercial Bank operates several branches, including:

  • Main Branch: DCB House, Magomeni Mwembechai, Morogoro Road, Dar es Salaam
  • Arnautoglu Branch: Arnautoglu Building, Mnazi Mmoja, Bibi Titi Road, Dar es Salaam
  • Temeke Branch: Junction of Temeke Road & Evereth Road, Dar es Salaam
  • Tabata Branch: Tabata Old Dampo Area, Dar es Salaam
  • Mabibo External Branch: Garage Area, Mandela Road, Dar es Salaam

These branches provide a range of banking services to individuals, businesses, and institutions.

Through its evolution from a community-focused bank to a national commercial entity, DCB Commercial Bank continues to contribute to Tanzania’s financial sector by offering diverse banking solutions and supporting economic growth.