TIB Development Bank Ltd

Established by an Act of Parliament in November 1970, TIB Development Bank is a wholly government-owned Development Financial Institution. Its primary mandate is to support the Government of Tanzania in achieving sustainable economic growth by providing financing, technical assistance, and advisory services for development projects in key sectors such as infrastructure, agriculture, and manufacturing. The bank plays a crucial role in mobilizing financial resources and promoting investments that have a significant developmental impact on the nation.