In 1967 its assets were nationalized, but was returned to its current owners in 1992.
Stanchart Tanzania focuses on the following banking sectors: (a) agriculture (b) trading and (c) manufacturing.
It also maintains a department solely devoted to small-to-medium enterprises (SMEs).
[3] Stanchart Tanzania is a subsidiary of the Standard Chartered Bank Group, an International financial services conglomerate, headquartered in London in the United Kingdom, with operations in more than seventy countries and a network of over 1,700 branches, employing in excess of 73,000 people.
As of December 2011[update], Standard Chartered Bank Tanzania operates a network of seven (7) branches, in the following locations and controls a network of eight (8) Automated Teller Machines (ATMs):[5]