NBC Ltd. was formed on 1st April 2000 when NBC (1997) Ltd. was privatised and sold to ABSA Group Ltd. of South Africa. NBC (1997) Ltd. was itself born out of the nationalization of banks and financial institutions in Tanzania in 1967.

NBC Ltd. is one of the largest commercial banks in Tanzania, with a network of 53 branches and 6 business centers strategically located in retail centres and other major towns across the country. Having joined forces with Africa's largest banking group, South African based Absa Group Ltd, NBC Ltd. has given its clients access to a global banking environment. Wherever you may be, NBC Ltd is the solution to all your banking requirements