About Tpb bank of Tanzania

The Tanzanian Postal Bank plc (TPB) is a licensed commercial bank in Tanzania and one has the roots of one of the oldest banking institutions in the country.[2] The bank traces its roots to the Tanganyika Post office Savings Bank, however, today it is an entirely independent entity from the
Tanzania Posts Corporation.

[3]
History
Incorporation
In 1925 the Tanganyika Post Office Savings Bank Ordinance was passed by the British Colonial government that established the Tanganyika Post office Savings Bank. The bank became operational in just two years in 1927. [4]
Financial Sector Reform
After the government of Tanzania began financial sector reform following the end of
Ujamaa economic policies in the country, the Tanzania Post office Savings bank was transformed into a separate entity, the Tanzania Postal Bank. The Tanzania Postal Bank Act No. 11 of 1991 created the bank as a separate entity from the Tanzania Posts and Telecommunications Corporation.

[5] Since attaining its independence, the bank has provided services to a much larger population than before and it has begun to provide a profit to the government.

Public Limited Company
In 2015 the bank management declared that the bank will list the bank on the Dar es Salaam Stock Exchange, in order to raise capital to expand and automate the companies operations. [6] On January 19, 2017, the bank officially rebranded the company and Tanzania Postal Bank Limited changed its name to Tanazania Postal Bank Plc. [7]
Corporate Affairs

Ownership
As of December 2016 the banks ownership is split among four stakeholders. [8]
Tanzania Postal Bank Stock Ownership
Rank Name of Owner Percentage Ownership
1 Government of Tanzania 85.87
2 Tanzania Posts Corporation 8.22
3
Revolutionary Government of Zanzibar
3.04
4 TP & TC Savings and Credit Society 2.87
TOTAL 100.0
Business trends
Tanzania Postal bank year ends on December of the year
2012 2013 2014 2015
Total Revenue (TZS Billions) 31.10 38.48 53.22 74.49
Interest Income (TZS Billions) 20.87 26.60 34.75 49.43
Profit After Tax (TZS Billions) 4.07 4.74 6.77 8.27
Total Assets (TZS Billions) 167.3 200.8 297.8 370.7
Number of Branches 28 28 28 28
Number of Employees 444 454 574 660
Notes/sources [9] [9] [9] [1]