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 revolution in Zanzibar was to break the power of the Arab/Asian ruling class, who had held it for around 200 years. Despite the merger with Tanganyika, Zanzibar retained a Revolutionary Council and House of Representatives which was, until 1992, run on a one-party system and has power over domestic matters. The domestic government is led by the President of Zanzibar, Karume being the first holder of this office. This government used the success of the revolution to implement reforms across the island. Many of these involved the removal of power from Arabs. The Zanzibar civil service, for example, became