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 sons struggled over the succession. On April 6, 1861, Zanzibar and Oman were divided into two separate principalities. Sayyid Majid bin Said Al-Busaid (1834/5–1870), his sixth son, became the Sultan of Zanzibar, while the third son, Sayyid Thuwaini bin Said al-Said, became the Sultan of Oman. Accounts by visitors to Zanzibar often emphasize the outward beauty of the place. The British explorer Richard Francis Burton described Zanzibar in 1856 as: "Earth, sea and sky, all seemed wrapped in a soft and sensuous repose...The sea of purist sapphire, which had not parted with its blue rays to the atmosphere...lay looking...under a