DCB Commercial Bank 6 views

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:

• 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.