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COUNTRY FOCUS
TANI ZANIA
n September 2009, when UBA com- banking space in Tanzania with the intro- menced its operations in Dar-es-salaam, duction of cutting-edge digital products the bank had a total deposit of TZS 4bn, and services including the UBA Magic
BY BRENDANSIA KILEO
40 | The Lion King | Commemorative Edition | January - April 2019
approximately USD 2M less than 1% of market share. 10 years down the line, the bank is operating from a deposit position of USD 23M (about TZS 52.6bn). UBA Tan- zania began in 2009 with a business office at Pugu road in Dar-es-salaam, later expanding to City Centre in 2010, Karia- koo in 2011 and in the new capital city
of Dodoma in 2018, with plans to open more branches across the country in the six main business centres of the country.
Over the past 10 years, UBA has played
a very active part in Tanzania’s infra- structure improvement, contributing over 250 M in the Kigogo road constructions project, as well as power improvement through the TANESCO syndication in 2013.
UBA has equally dominated digital
Banking, enabled by dialling *150*70# and “LEO” the Chatbot, first of its kind in Tanzania.
The Land of Kilimanjaro, Zanzibar and The Serengeti...
The United Republic of Tanzania, one of the most stunning countries of East Africa within the African Great Lakes region is home to Mount Kilimanjaro, Africa’s high- est mountain.
The magic of Tanzania is hard to beat, as is the fabulous number of holiday options it presents. With choices ranging from