The Overdraft facility is where we advance a certain amount to you on a short-term basis, not exceeding 12 months. The main purpose of the overdraft is to supplement the working capital requirements of our Corporate clients.

  • The rate charged on the overdraft is subject to market conditions. BancABC Tanzania charges a margin over and above the minimum lending rate.
  • Interest is charged on the daily outstanding balance.




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Investor Relations

BancABC aims to provide the investor community with transparent and timeous information. This is undertaken through a proactive process whereby information is continually and broadly disseminated to the financial community and the investing public, ensuring that the Group is accurately valued in the marketplace...

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