Company Information

Get to know 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.

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TIB Development Bank Ltd

Tanzania

Founded in

1970 (56 Years)

Founded

Last online: No recent activity

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

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A Grade License

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B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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