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TIB Limited

Investment Banking Firms

Description

TIB Limited, along with its subsidiaries, provides a range of deposit services in Tanzania shillings and foreign currencies. Its industrial financing program funds all sectors of manufacturing with a main focus in the areas of agro processing, mineral beneficiation, gas and oil, electric generation, and furniture making. The company develops a loan product to support financing of municipal infrastructure. It assists the government to finance and speed up infrastructure development; reduces pressure on the government budget by financing economically and financially viable infrastructure projects through innovative financing mechanisms; mobilizes long terms resources from local investors and regional development financial institutions (DFIs) to finance development projects; and involves other DFIs in the region to provide financial support and skills in project preparation and implementation of infrastructure projects. The company offers small and medium enterprise lending services; and agricultural financing window funding services, rural energy agency services, credit facilities to small scale miners, a small grants program for small scale miners, and results based financing funding for suppliers and retailers of Pico solar products. It provides assistance to companies faced with opportunities for growth, such as project preparation, merger or acquisition, and assist private and public companies. The company mobilizes short term deposits, and provides short term facilities and checking services; and foreign currency deposit services that are available in the United States of America of America Dollars, British Pounds, and Euros. It also buys and sells on behalf of clients corporate bonds; deals with investment advisory service and brokerage service. TIB Limited was formerly known as Tanzania Investment Bank Limited. The company was founded in 1970 and is based in Dar es Salaam, Tanzania.

Corporate Address

Building No.3 Mlimani City Office Park Sam Nujoma Road P.O. Box 9373 Dar es Salaam, Tanzania

Tanzania

255 22 2411101

Tags:

Banking Institutions, Credit Bank, Banking Finance, Banking Products and Services, Banking and Corporate Finance, Corporate and Investment Banking, Banking Industry, Private Banking, Banking Sectors, Bank Loans, Development Bank, Investment Banking Services, Banking Corporation, Finance and Investment Banking, Banking Financial Services

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