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 Africans died each year before ever reaching the island.) Tippu Tip was the most notorious slaver, under several sultans, and also a trader, plantation owner and governor. Zanzibar's spices attracted ships from as far away as the United States, which established a consulate in 1837. The United Kingdom's early interest in Zanzibar was motivated by both commerce and the determination to end the slave trade. In 1822, the British signed the first of a series of treaties with Sultan Said to curb this trade, but not until 1876 was the sale of slaves finally prohibited. Under strong British pressure, the