The People’s Bank of Zanzibar Limited (PBZ) is one among the oldest commercial banks in Tanzania. It is fully owned by the Government of Zanzibar. PBZ is the only bank in Tanzania with its head office in Zanzibar. It dominates the Zanzibar market with about 50% of the market share formed of the cosmopolitan population of over 1.0 million people. Zanzibar enjoys leading tourist investments from various countries. The Bank does both retail and corporate banking with equipped modern systems that facilitate banking business locally and overseas efficiently