Mwanga Hakika Bank Becomes Commerical

Published on 27 Feb 2026
Dar es Salaam – Mwanga Hakika Microfinance Bank Limited (MHB) has officially graduated to a commercial bank on 20th August 2022, unlocking opportunities to expand its range of financial services to a wider customer base.
The upgrade follows a significant increase in the bank’s capital base, which has now reached TZS 111 billion. With its new status, the bank can now offer a wider range of products and services across Tanzania.

It will now operate under the name Mwanga Hakika Bank Limited, starting a new chapter in its growth and dedication to serving the community. 
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