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Job Opportunities at ABSA Bank | August 2024
Job Opportunities at ABSA Bank | August 2024
Absa Bank Tanzania Limited (ABT), formerly Barclays Bank Tanzania Limited, is a commercial bank in Tanzania and a subsidiary of South Africa-based Absa Group Limited. ABT is licensed by the Bank of Tanzania, the country’s central bank and national banking regulator.
The headquarters and main branch of Barclays Bank of Tanzania Limited are located in Barclays House, along Ohio Street, in the city of Dar es Salaam, the financial capital and largest city of Tanzania.[4] The geographical coordinates of the bank’s headquarters are: 06°48’40.0″S, 39°17’12.0″E (Latitude:-6.811111; Longitude:39.286667). ABT was established in Tanzania in 1925. In 1967, it was nationalized and converted into the National Bank of Commerce, Tanzania’s largest bank by assets. With the liberalization of the economy in the 1990s, Barclays Bank Plc re-entered the country, resuming business in 2000.
As at March 2016, Barclays Bank Plc. was seeking regulatory approval in Tanzania to merge this bank with National Bank of Commerce (Tanzania) in which Barclays maintains 55% shareholding.
In 2018, BAG re-branded to Absa Group Limited.Under the terms of that re-brand, Absa has until June 2020 to change the names of its subsidiaries in 12 African countries. In Tanzania, the re-brand concluded on 11 February 2020, when both the bank’s legal and business names became Absa Bank Tanzania Limited.
ABSA Bank Vacancies August 2024
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