People's Bank of Zanzibar

A commercial bank in Tanzania offering personal and business accounts, loans, remittances, and digital banking via web, mobile app, agents, and ATMs.

People's Bank of Zanzibar Product Overview

Is People's Bank of Zanzibar Right for You?

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Best For

  • Tanzanian bank customers
  • Everyday account holders

What It Does Well

  • Personal and business accounts
  • Loans for individuals and firms

Things to Check

  • Loan terms and limits
  • Agent network locations

About People's Bank of Zanzibar

Screenshot of People's Bank of Zanzibar website

People's Bank of Zanzibar (PBZ Bank) is a government-owned commercial bank in Tanzania that serves individuals and businesses with retail, corporate, and digital banking services across Zanzibar and mainland regions.

Key capabilities include:

  • Accounts and everyday banking: personal accounts (such as General Savings, Individual Current, Student, Mtoto, Joint, Diaspora, and Stara) plus business accounts for sole proprietors, companies, and partnerships, with downloadable onboarding forms for individual and business customers.
  • Loans and trade facilities: credit products including personal and commercial loans, mortgage financing, overdrafts, bridge finance, and SME financing, plus guarantees and bonds and letters of credit.
  • Payments and transfers: PBZ Lipa Hapa for QR-based cashless payments in the banking app, plus remittance options including TISS (within Tanzania), SWIFT, Western Union, and WorldRemit.
  • Digital and assisted channels: Internet Banking for balance checks, transfers, bill payments, and account management, and access through PBZ Wakala (agent banking), branches, and ATMs, with PDF lists for agent locations and branch and ATM networks.

Available on Web (pbzbank.co.tz and the E-Banking portal), Android, and iOS.

Target users include consumers and Tanzanian businesses (SMEs, sole proprietors, partnerships, and corporates) that need day-to-day banking, financing, and payments.

Notable in Tanzania for its strong Zanzibar presence with mainland reach, published quarterly audited financial statements, and support for QR payments and app-based banking with multi-factor and biometric security features.

People's Bank of Zanzibar Facts

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As of Sep 28, 2026, People's Bank of Zanzibar is rated 4.5 on Google Play from 137 reviews with 50K+ installs.

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Frequently Asked Questions About People's Bank of Zanzibar

People's Bank of Zanzibar is a government-owned commercial bank in Tanzania that provides personal and business accounts, loans, payments, and digital banking services. You open an account with the bank, then use its branches, ATMs, agents, internet banking, and mobile app to deposit, withdraw, transfer money, pay bills, and access credit products.

People's Bank of Zanzibar operates in Tanzania, serving customers in Zanzibar and multiple mainland regions such as Dar es Salaam, Morogoro, Mwanza, Mbeya, Arusha, and others. Its services and branch, ATM, and agent networks are focused on the Tanzanian market.

You can sign up by opening an account with PBZ Bank, typically by visiting a branch or service center and completing the required onboarding forms for individual or business accounts. Some downloadable account opening forms are available online, but you will usually need to submit documents and finalize the process through the bank’s offices.

Yes, People's Bank of Zanzibar is available on iOS and Android. You can download Pbzbank on the App Store for iPhone, or get it on Google Play for Android.

People's Bank of Zanzibar is best suited for individuals and businesses in Tanzania that need everyday banking, savings, loans, and payment services. It is particularly relevant for consumers, SMEs, sole proprietors, partnerships, and corporates operating in Zanzibar and on the mainland.

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