TIB Development Bank, formerly known as Tanzania Investment Bank (TIB), is a
government-owned development bank in Tanzania. The bank is the first development finance institution established by the Government of Tanzania. The activities of TIB are supervised by the Bank of Tanzania, the central bank and national banking regulator.
TIB is registered as a Registered Financial Institution.
The bank was established by Act of Parliament in 1970. At that time, the main objective of TIB was to provide “medium and long-term loans to investors in commercial agriculture, manufacturing, processing, construction, transport, tourism and mining sectors”.
Read more via the link below;
