TANZANIA – Azania Bank, a commercial bank, launched Azania Plus Digital Experience, a service that will enable its customers to experience banking more easily and conveniently on the go through Azania Plus Wakalas, Azania Plus mobile banking application and Azania Plus Internet Banking that will be available for 24 hours.
Speaking during the launch in Dar es Salaam, the bank’s Managing Director, Charles Itembe said in recent days the bank has been taking initiatives to make banking easier and more convenient for its customers.
“If you can recall, at some selected branches, we introduced an 8 to 8 policy for branch working hours, which allows our esteemed clients to access our branch services from 8am to 8pm during working days,” Itembe said.
He stated that his management also introduced mobile banking services to allow customers access their accounts from any mobile device and conduct all transactions including making payments and check account balance.
Speaking at the same event, Azania’s board of directors Vice Chairman, Felix Maagi reassured customers that Azania Plus products are indeed more that where you are, as per the product theme, ‘Zaidi ya ulipo.’
The Bank’s Manager for Digital Banking, Vinesh Davda backed his bosses’ remarks by saying that Azania Plus Mobile App is an efficient and reliable way of transacting without limited by customers.
“The application is available to download for both android and iOS for free and internet banking can be accessed from anywhere as long as you have an internet connection. It’s fast, its flexible and most of all, convenient,” Davda said
Azania Bank Limited, whose formal name is First Adili Bancorp Limited, and is commonly referred to as Azania Bank, is a commercial bank in Tanzania. It is licensed by the Bank of Tanzania (BOT), the central bank and national banking regulator.
Azania Bank is a medium-sized commercial bank that engages in retail banking, lease financing, foreign exchange transactions and import/export financing, as well the issuance of letters of credit. As of March 2017, the bank’s total assets were valued at about US$147 million (TZSh 332.73 billion).
In March 2018, the shareholders’ equity in the bank was valued at TSh57,880,000,000 (US$25.6 million).