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 furthered the country's progress toward abolishing slavery. According to the 16th-century explorer Leo Africanus, the native inhabitants of the Zanzibar (Zanguebar) sultanate were for the most part pagans with curly hair and a black complexion. However, the denizens of the northernmost Zanzibar kingdom of Malindi were Muslims of an almost white complexion, with some pagan black inhabitants among them. Until 1884, the Sultans of Zanzibar controlled a substantial portion of the Swahili Coast, known as Zanj, and trading routes extending further into the continent, as far as Kindu on the Congo River. That year, however, the Society for German Colonization