Standard Chartered Tanzania, whose official name is Standard Chartered Bank Tanzania Limited, but is often referred to as Stanchart Tanzania, is a commercial bank in Tanzania, and is a wholly owned subsidiary of Standard Chartered. It is one of the banks licensed by the Bank of Tanzania, the national banking regulator.[1]
The bank serves retail customers, corporate customer, and medium to large business enterprises. As of December 2011[update], it was the fifth-largest commercial bank in Tanzania, by assets, with an estimated asset base of US$793.1 million (TZS:1.24 trillion).[2]
^List of Licensed Commercial Banks in Tanzania
^Stanchart Tanzania December 2011 Total Assets
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