Dar es Salaam — Barclays Bank Tanzania was last week announced the winner of the 2012 Bank of the Year Award.
The bank which is one of the leading depositories in the country emerged winner during the annual Bank of the Year Awards administered by The Banker Magazine affiliated with the Financial Times in London.
The Managing Director Mr. Kihara Maina said their goal is to become the go-to-bank by 2015.
"This great recognition comes through the dedication of all our staff to constantly elevate our service to our customers and thereby make their lives much easier," he said.
According to The Banker Magazine, Barclays won this year's award for its innovative use of Information Technology such as its investment in workflow and imaging systems.
It was also recognized for its introduction of free ATM services, its innovative internet banking offering, development of its SME business and its turnaround in profitability between 2010 and 2011.
Barclays is a major global financial services provider engaged in personal banking, credit cards, corporate and investment banking, and wealth and investment management.
With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs approximately 140,000 people.