Akiba Commercial Bank (ACB) is a commercial bank in Tanzania. It is one of the commercial banks licensed by the Bank of Tanzania, the central bank and national banking regulator.
The bank is a small commercial bank that focuses on serving the poorest of poor Tanzanians and their enterprises. It operates as a microfinance bank. As of December 2013, its total asset base was estimated at US$79.35 million. At that time the bank maintained over 240,850 deposit accounts with an average of US$335 per account. Loan accounts stood at over 28,950, with an average loan balance of US$1,576 per account. In 2013, Akiba Commercial Bank was ranked "the best customer-focused bank in Tanzania" based on convenience, customer care and pricing.
Akiba Commercial Bank was established in 1997 by Tanzanian businesspeople with the objective of serving the banking needs of the poorest of Tanzanians, who were hitherto unbanked and not served by the large commercial banks.
Akiba Commercial Bank operates a network of 17 branches, in Dar es Salaam, Arusha, Dodoma, Mwanza and other urban centers in the country.