DCB Commercial Bank Pic was formed following an outcry of Dar es salaam residents on the lack of capital as the major obstacle faced by micro entrepreneurs in their effort to improve their businesses. The bank was registered in 2001 as Dar es salaam Community Bank Limited, the primary objective being carrying out micro finance bank dedicated to finance poverty alleviation programmes. The bank of Tanzania granted a banking license in 2002 to carry out banking business as a Regional Unit (Community) Bank.
In 2013, the bank uplifted its license from Regional Unit Bank to fully-fledged Commercial Bank. The bank has since then rebuilt its presence in the market by reviewing and aligning its branch network to a commercial set up, appropriately repositioning the existing branches and opening the Dodoma Branch in 2017. The entire five-year transformation exercise has seen DCB Commercial PLC moving into a very competitive and well-established bank ready to serve its potential market niche in the medium- and long-term basis.
