People's Bank of Zanzibar limited to the islands of Zanzibar and Pemba. In April 2011, the bank opened a branch in Dar es Salaam on the mainland. As of May 2012, it planned new branches in Mwanza, Arusha, Mtwara, and Mbeya. In December 2011, the bank launched an Islamic bank window, in addition to the conventional banking services that it offers. PBZ is wholly owned by the government of Zanzibar. As of November 2014, The Peoples Bank of Zanzibar Limited maintains 11 branches at the following locations: People's Bank of Zanzibar The People's Bank of Zanzibar (PBZ) is a commercial bank in Tanzania. It
History of Zanzibar the island were either slaves taken from East Africa or the descendants of slaves from East Africa. The slaves were brought to Zanzibar in dhows, where many as possible were packed in with no regard for comfort or safety. Many did not survive the journey to Zanzibar. Upon reaching Zanzibar, the slaves were stripped completely naked, cleaned, had their bodies covered with coconut oil, and forced to wear gold and silver bracelets bearing the name of the slave trader. At that point, the slaves were forced to march nude in a line down the streets of Stone Town guarded by