TIB Development Bank

by Udahiliportal

About TIB Development Bank

TIB Development Bank Limited was established in November 1970 initially by the Parliamentary Act, the Tanzania Investment Bank Act of 1970 with the main purpose of financing development with emphasis on industrialization of the country. TIB was able to fulfil its mandate with notable success in the setting up of textile, leather, paper and other processing industries until the macroeconomic instabilities of the 1980s when the country’s economy deteriorated.

The economic reforms of the 1990s highlighted the lack of long term funding as it was not offered by any of the commercial and financial institutions operating the country at the time. The Government therefore re-designated TIB as a Development Finance Institution (DFI) in 2005. The bank has completed the process of transformation into a DFI with an engagement focus centred primarily on infrastructure, industrialization (agro-processing, mining, and general manufacturing) oil and gas and services sector.

TIB Development Bank Location and Contact Information

  • Phone: +255 22 2163600/601
  • Email: md@tib.co.tz
  • Address: Building No.3, Mlimani City Office Park, Sam Nujoma Road.

Vacancies and Internships at TIB Development Bank – Nafasi za Kazi TIB Development Bank

TIB Development Bank Job vacancies are normally advertised through the Official TIB Development Bank Tanzania career website page which can be accessed through this link- https://www.tib.co.tz/tibdfi/index.php/en/career

Find and apply for jobs advertised by TIB Development Bank by browsing the links listed below:

 

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TIB Development Bank useful links

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