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
Sultanate of Zanzibar the name "Republic of Kenya". On 10 December 1963, the Protectorate that had existed over Zanzibar since 1890 was terminated by the United Kingdom. The United Kingdom did not grant Zanzibar independence, as such, because the UK had never had sovereignty over Zanzibar. Rather, by the Zanzibar Act 1963 of the United Kingdom, the UK ended the Protectorate and made provision for full-self government in Zanzibar as an independent country within the Commonwealth. Upon the Protectorate being abolished, Zanzibar became a constitutional monarchy under the Sultan. Sultan Jamshid bin Abdullah was overthrown a month later during the Zanzibar Revolution. Jamshid