Loans & Payments ​

We help you meet your desired needs and wants by our loans & payment platform. ​

No matter what your needs are, we are here for you. ​

Do you need constant cash support, month in and month out? With longer-tenure credit, flexible payment plan and lower equity, banking with us is a rewarding relationship that enables you to enjoy the good things of life.

Personal Overdraft

Personal Overdraft is a short-term facility that allows you to overdraw your current account for 6 months, up to a maximum amount of N3 million. You repay only 5% of the amount borrowed every 30 days, when your salary is paid.
  • By having to repay 5% every month till the end of the 6 months tenure, when you have to repay the total outstanding, you are assisted in managing your finances
  • Gives you the money you need when you do not have sufficient funds in your account
  • Flexible, structured and convenient terms of repayment
  • Competitive interest rate
  • Executives, partners and mid-level management staff of reputable organisations in the private or public sector who are confirmed and earn an after-tax annual income of N5 Million or above
  • Individuals whose salaries have been paid through UBA for at least 3 months
  • UBA account holders
  • Individuals who do not have a history of cheques returned due to insufficient funds


  • Complete a UBA Consumer Loan Application Form, which you may download online or pick up from any of our branches
  • Submit your application to the Customer Service Officer in your branch
  • Click to apply for U-Advance Letter of Awareness

Asset Finance

The credit program that gives you the opportunity to own those assets you have always longed for, such as new cars, personal computers and notebooks, generators, mobile phones, washing machines, household furniture, gas/electric cookers, electronics and electrical appliances.
  • Convenient terms of payment.
  • The opportunity to own your own asset without having to save for a long period
  • Flexible and convenient terms of payment
  • Competitive interest rates.
  • Confirmed employees of reputable organisations in the private or public sector
  • Individuals whose salaries must have been paid through UBA for at least 1 month
  • UBA account holders
  • Employees who will be discussing or selling consumer credit products
  • Complete a Consumer Loan Application Form, which you may download online or pick up from any of our branches
  • Obtain a pro-forma invoice from an acceptable vendor known to your customer service officer
  • Submit your application to the customer service officer in your branch
  • Provide the minimum equity contribution of 20% of the cost of the asset
  • Provide the funds to cover the insurance cost

Insurance Premium Finance

The Insurance Premium Finance (IPF) facility provides short-term finance to customers of the bank to enable them to pay their insurance premiums conveniently to a UBA approved Insurance underwriter. IPF is a specialized Finance Facility that allows the insured to spread Insurance Premium Payment over the term of the Policy rather than paying the full premium upfront. All Insurance Policies are covered under this product with the exception of the Life Assurance policy.

  • Customer is able to finance insurance through affordable monthly installments.
  • We will also cross-sell our other Bank’s products including conversion of IPF customers into UBA customers.
  • We will leverage the relationships with the insurance companies to pursue premium collections from the insurance companies to assist in funding for the IPF assets to be created.
  • Fire and Perils: Provides protection against most risks to property, such as fire, theft and some weather damage. This includes specialized forms of insurance such as fire insurance, flood, earth quake, home or boiler insurance.
  • Motor Vehicle Commercial or Private: Vehicle insurance (also known as Auto Insurance, Car Insurance, or Motor Insurance) is insurance purchased for Cars, Trucks, Motorcycles, and other Road Vehicles. Its primary use is to provide financial protection against physical damage and/or bodily injury resulting from traffic collisions and against liability that could also arise therefrom.
  • Motorcycle: Also in line with definition for Motor vehicle insurance
  • Industrial All Risk: This is an Insurance package which mainly incorporates Fire & Allied Perils, Burglary, Accidental damage and Business Interruption and it provides indemnity to the property insured against any loss or damage from any cause not excluded by the policy.
  • Workmen’s Compensation: Workers’ compensation is a form of insurance providing wage replacement and medical benefits to employees injured in the course of employment in exchange for mandatory relinquishment of the employee’s right to sue his or her employer for the tort of negligence.
  • Employer’s Liability: An Insurance Policy that protects employers from liabilities arising from disease, fatality, or injury to employees resulting from workplace conditions or practices.
  • Burglary & Theft: Burglary insurance is designed to reimburse an insured party for any losses which he may sustain arising from the burglary, robbery, or theft of his property and possessions and any damage thereto.
  • Medical Insurance: This insurance is taken against the risk of incurring medical expenses among individuals.
  • Contractors All Risk Policy: The essence of the cover is to bridge the gap when the building or bridge sustains severe damage and to prevent such loss or damage from prolonging the construction time schedule thereby delaying the eventual completion date.
  • Professional Indemnity: This is a form of liability insurance that helps protect professional advice and service-providing individuals and companies from bearing the full cost of defending against a negligence claim made by a client, and damages awarded in such a civil lawsuit.

Cash Collateralised Loan

A consumer loan that makes it possible for you to obtain credit in US Dollar, Pound Sterling and the Euro, using your cash deposits, investments and their equivalents with UBA, UBA Capital & Trust and any other financial institution acceptable to UBA.

  • Up to 90% of your deposits or investments in loans, if the request and collateral are in the same currency
  • Up to 50% of your deposits or investments in TZS loans if the collateral is in a foreign currency
  • Flexible, structured and convenient repayment terms
  • Competitive interest rates
  • Easy and speedy access to credit without the loss of existing assets
  • Individuals who have cash deposits, investments and their equivalents
  • Individuals whose salaries must have been paid through UBA for at least 3 months
    UBA account holders
  • Employees who will be discussing or selling consumer credit products
  • Complete a UBA Consumer Loan Application Form, which you may pick up from any of our branches
  • Complete a Letter of Set-Off or Lien or Deposit Hypothecation Agreement in the name of the owner
  • Complete a Letter of Confirmation of Collateral
  • Execute a Memorandum of Charge over the investment or cash deposit
  • Provide roll over instructions where necessary
  • Submit your application to the Customer Service Officer in your branch along with your original Certificate of Deposit or Savings Passbook
  • Where the pledged cash deposit is not in your name, you would also need to do the following and submit with your application:
    – Execute a Guarantee form
    – Complete a Domiciliation of Proceeds Form
  • Where the pledged deposit or investment is in the name of a limited liability company or registered association, you would also need to submit the following with your application:
    – Your Constitution or Memorandum and Articles of Association and;
    – Your Executed Board Resolution of the organization, authorising the pledging of the cash deposit to the bank on behalf of another party

Executive Loan

As a busy, high-flying executive, you seek a quick and convenient means of accessing funds for a specific purpose. Choose the loan made just for you. With the UBA Executive loan, you can access a competitively priced loan that will allow you to manage your requirements easily.
  • You decide how to use your loan
  • No invoices or deposits are required
  • Fast, simple and convenient
  • Flexible repayment schedule ranging from 3 – 36 months
  • Competitive interest rate
  • UBA salary account holders who earn executive-level salaries
  • Complete a UBA Consumer Loan Application Form, which you may download by clicking on the download link on this page or pick up from any of our branches
    Submit your application to the Customer Service Officer in your branch

Mwinyimkuu Ngalima

Chief Retail Officer

Mwinyimkuu is the new Head Retail Banking for UBAT. His resumption date is 1st June 2022. Mwinyimkuu has over seventeen (17) years working experience in Bank’s, He previously worked with Exim Bank (T) Ltd and prior to that he was working with NMB Bank.
Mwinyimkuu comes in with the vast experience in Retail banking having worked as branch Commercial Manager, Branch Manager and currently as Senior Manager in their strategic branch in Zanzibar.
Mwinyimkuu is the holder of Masters of Business Administration in Finance from University of Wales Institute, Cardiff – UK, Post Graduate Diploma in Tax Management from the Institute of Finance Management and a bachelor degree in Agricultural Economics and Agribusiness from Sokoine University of Agriculture.
Mwinyimkuu is fluent in both English and Swahili


Emanuel Arkadi

Chief Risk Officer
Emanuel has joined the Bank on 16th May 2022. He has vast experience in Risk Management with over Fourteen (14) years working experience in Bank’s. Emanuel has worked with Exim Bank (T) Ltd and Stanbic Bank. Emanuel is the holder of Msc. Finance and Investment from Institute of Finance Management, also has bachelor of Commerce and Management in Accounting from the University of Dar es Salaam. Emanuel is a certified Public Account (CPA(T), Certified financial service risk specialist, CFRS (IRMT- Tanzania), and he has ACI Operational Certificate from ACI Financial Markets Association.

Ms. Farhiya Warsame

Non Executive Director
Ms.Warsame Farhiya ; is a Non- Executive Director for United Bank For Africa – Tanzania with effect from March 2019. Ms. Warsame is the Founder and Managing Director of Rashal Petroleum, with 8 years of prior banking experience with two international banks. Mrs. Farhiya is a highly experienced business woman and academician with enormous involvement and broad knowledge in investment, wholesale and commercial banking as well as project and corporate relationship management

Mr. Heri Bomani

Non Executive Director
Mr. Heri Bomani- Mr. Heri is currently serving as the Founder & Director of MLC Properties and also as the Founder& Managing Director of Pangani Group. He was appointed as a Non – Executive Director of UBA Tanzania in October 2020. He also serves as the Executive Director of Pangani Real Estate Services Limited and Pangani Advisory Limited from 2013 and 2011 consecutively. Mr. Heri has held various executive management positions through the years such as serving as the Managing Director & CEO of Kenya Commercial Bank Tanzania Limited from 2006 to 2010 and also served as the Executive Director, Consumer Banking at Standard Chartered Bank Tanzania Limited from 2000 to 2006 in which he was appointed and served as a Member of the Board of Directors of Standard Chartered Bank Tanzania Limited and also the member of the Consumer Banking Africa & Middle East/South Asia Leadership Team. Mr. Heri has broad, knowledge in investment banking, wholesale and commercial banking, account management, project management, Fund management and public-sector relationship management in which he was able to make remarkable accomplishments during his tenure at Standard Chartered Bank Tanzania Limited whereby he was recognized as a proactive and industry leading commercial bank in Tanzania thus being voted as the leading employer in Tanzania by the Association of Tanzania Employers and received the Banker of the year Award for 2005 by Euro money and the Financial Times. He contributed to grow the revenue base from USD 3.1M in 2001 to USD 12.9M in 2005 and also grew the deposit base grow massively from TZS 44B in 2001 to TZS 133B in 2005. Mr. Heri holds a Bsc Economics in Banking and Finance from the University of Wales, College of Cardiff.  


Non Executive Director

<strong>Male-Martin Jonas Mmari</strong>- He is currently serving as a Tanzania partner and CEO of Digitian Global Consulting. He was appointed as a Non – Executive Director of UBA Tanzania in August 2019. Before serving in the Board of UBA Tanzania, he held many strategic positions at various times as the Director of Finance at PPF Pension Fund from 2002 to 2018 in which he represented the Fund and served as a board member for CRDB Bank Ltd from 2001 to 2016 and was later appointed to serve as the Chairman of the Board of directors for CRDB Bank Ltd from 2004 to 2016 and also served as the Head of Financial Reporting &amp; Investments and Acting Director of Finance at PPF Pension Fund in 2001. Prior to that, he served as the Bank Examiner of the Bank of Tanzania between 1991 and 2000.

Mr. Alexander Trotter

Non Executive Director
Mr Trotter has significant experience in managing, investing and advising African public and private companies. He was a portfolio manager for over ten years investing in frontier African equities, with a demonstrable track record of strong performance. He is a trustee of the Tony Elumelu Foundation, Africa’s leading supporter of entrepreneurship. He has a background in investment management, strategy, and corporate finance, and has held positions with UBS and GAM. He began his career at Linklaters, as a corporate lawyer. Mr Trotter holds degrees from Oxford University and Imperial College.
Mr.Ebele Ogbue

Mr.Ebele Ogbue

Non Executive Director
Mr. Ebele holds a (Honours) degree in accounting from the University of Lagos and an MBA (IT & Management) from CASS business school London. His professional career started at Price Waterhouse in 1991, before his foray into banking where he has spent the last two decades working at international banks such as Citi Bank and Standard Chartered Bank before joining UBA in 20014. His banking experience spans various areas of banking from Asset Based Finance to core Corporate Banking and Trade Finance. Prior to his current role, he was MD/CEO, UBA Capital Europe and pioneer MD/CEO of UBA Liberia  

Mr. Oliver Alawuba

Group Managing Director

Oliver, a seasoned banking professional, comes on board with a broad range of strategic and well-grounded experience in Corporate and Institutional Banking, Consumer Banking, Public Sector, Retail and Commercial Banking, Project Management, Corporate Governance, and overall bank management.

Mr. Oliver Alawuba has acquired 25 years of work experience in the banking industry after his short foray into academia. He joined the former Standard Trust Bank (STB) as a pioneer staff in 1997. Over the years, he has demonstrated strong passion for excellence and result-oriented leadership capability. 

Prior to his current appointment as the Group Managing Director/CEO of UBA Banking Group, Oliver was at various times country CEO and Regional CEO in the Rest of Africa, Executive Director, East Bank (Nigeria) and later Group Deputy Managing Director/CEO, covering Nigeria and other 19 subsidiaries in the Rest of Africa. He also worked in another bank and rose to the position of Executive Director. Oliver is an effective and self-motivated professional. 

Oliver possesses B.Sc and M.Sc degrees in Food Science and Technology and MBA in Banking and Finance. He is an alumnus of the AMP and SEP programmes of the prestigious INSEAD Business School, France and London Business School respectively.

He is also a Fellow of the Nigerian Institute of Management (NIM) and an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria (CIBN). 

Ms. Ogechi Altraide

Non Executive Director
Over 30 years’ experience in investment banking, wholesale and commercial banking, account management, project management and public-sector relationship management, Strong skills in Corporate Governance, with MBA from University of Nigeria, Post Graduate Diploma, Computer Science and Engineering from Anambra State University of Technology.

Amb. Tuvako Manongi

Ambassador Tuvako Nathaniel Manongi: Is the Board Chairman United Bank for Africa (UBA) – Tanzania, He was appointed in 2018 replacing Gen. Robert Mboma who served as the pioneer board chairman from inception in 2009 to 2018. Mr. Manongi, served the government of the United Republic of Tanzania as the permanent representative of the country to the United Nations (UN)till his retirement in 2016. He also served as the Principal Officer in the office of the Deputy Secretary-General within the executive office of the Secretary-General for the United Nations (UN) from 2007 to 2012. Mr. Manongi is a career diplomat civil servant having held high positions as the United Republic of Tanzania Deputy Permanent Representative in New York in 2005 to 2007 and also Personal Assistant to President Benjamin Mkapa from 2002 to 2004.  He was the Counselor (Legal) at the Permanent Mission between 1997 to 2001 also Second Secretary and then First Secretary of the United Republic of Tanzania Embassy in Washington, D.C between 1981 & 1987. Mr. Manongi first joined the Ministry of Foreign Affairs in 1978 as a Legal Officer. He holds a bachelor’s degree in law from the University of Dar es Salaam, in the United Republic of Tanzania. He is also a graduate of the Centre for Foreign Relations in Dar es Salaam and holds a postgraduate degree in Maritime Administration from the World Maritime University in Malmö, Sweden.

Benson Tsetonga Msangi

Chief Finance Officer
Benson is the candidate considered for the role of Chief Finance Officer for UBAT, he will join the Bank on 1st August 2022. Benson has over seven (7) years working experience and his current employer is Exim Bank (T) Ltd. Prior to that, Benson also worked with Pricewaterhouse Coopers Tanzania Limited (PWC) as Senior Assurance Associate. Benson will come in with the vast experience in Strategy Formulation, Budgeting, Performance Management, Financial Reporting and Taxation. Benson is the holder of Bachelor of Accounts and Finance in Public Sector from Mzumbe University, Advance Diploma in Accounting and Business – ACCA, Certified Charted Accountant (ACCA) – UK and Certified Strategic Management – ACCA UK Benson is fluent in both English and Swahili.

Stella Shangali

Country Head Resource
Stella Shangali, was employed as a Country Head, Resource of UBA Tanzania. Before her appointment as a Country Head, Resource to UBA Tanzania, Ms. Stella was the Assistant Human Resource Manager from April 2014 to January 2017, also she was Human Resources and Administration Officer from April 2010 to March 2013 both role she served at Britam Insurance Tanzania Limited. Prior to her employment she had served as a Human Resource Assistant at Kabanga Nickel Company Ltd from June 2008 to March 2010. Ms. Stella received her education at Institute of Finance Management, from which she holds Post Graduate Diploma in Human Resource Management and is also a graduate of the University of Dar es salaam, where she earned a Bachelor of Arts in Political Science and Public Administration.

Juma Musa

Country Head Internal Control
Mr. Juma Musa has six (6) years working experience out of that, five (5) years being with UBAT. Juma started as an Officer in Audit /Control department at UBAT in 2011 before he left to Equity Bank in 2015 and he was re-hired by UBAT in October 2016. Juma holds a BCOM degree from University of Dar es Salaam and he is also a registered member of National Board of Accountants and Auditors (NBAA). He is fluent in English and Swahili.

Brendansia Kileo

Head, Marketing and Corporate Communication
Brendansia Kileo, is the Head of Marketing and Corporate Communication (MCC) at UBA Tanzania. She joined UBAT on 10th July 2017. Brendansia has six (6) years working experience in the field Marketing and Corporate Communications, Prior joining UBAT she was working with East Africa Television (EATV) on the same field of Marketing and Communications. Brendansia is the graduate from United State International University – Africa (USIU) in Nairobi Kenya, holding a Bachelor degree in International Business Administration. Brenda is fluent in both English and Swahili.

Joseph Ringa

Country Head Audit

Was born on 18th April 1966. He is married with four children. He is an Associate Certified Public Accountant (ACPA) registered by the National Board of Accountants and Auditors [NBAA] of Tanzania. He holds a Diploma in Accountancy certificate obtained from Zambia Institute of Technology (now Copperbelt University) in Kitwe Zambia.

A Diploma in Risk Management in Finance/Banking obtained in Stockholm, Sweden.
He has 14 years of working experience in the banking Industry in the field of internal auditing, starting as Senior Internal Auditor in 2004 at Tanzania Postal Bank where he rose to Senior Manager Audit before joining United Bank for Africa Tanzania as Country Head Audit in November 2016.

Kelvin Vitalis Nguma

Chief Risk Officer

Kelvin Nguma is the Chief Risk Officer at UBA Tanzania. Kelvin has more than ten (10) years working experience out of that, six (6) years being in Risk Management. Prior to join UBAT he was the Manager in Risk and Compliance department at Tanzania Postal Bank (TPB). Kelvin is the graduate from Institute of Finance Management holding a Bachelor degree in Banking and Finance. Currently he is pursuing MBA from Mzumbe University majoring in Corporate Management. Also, he is certified Risk Specialist by International Association of Financial Management and Certified Professional Banker by the Tanzania Institute of Bankers. Kelvin is fluent in English and Swahili.

Christina Kongola

Head Compliance

Is a professional Lawyer born December 1973. She is married with three children.
Professionally, she is an Advocate of the High Court Tanzania and Courts subordinates there to, and Member of the Tanganyika Law Society. She is a Certified Compliance Specialist from the International Financial Management and holds a Master’s Degree in Laws majoring in Corporate and Commercial from the University of Dar es salaam.
Christina holds Post Graduate Diploma in Legal Practice from the Law school of Tanzania and a Bachelor’s Degree in Laws (LLB)(Hons)from the Open University of Tanzania as well as Diploma in International Relations and Diplomacy from the Center for Foreign Relations in Dar es salaam.
She has a ten years work experience in the banking Industry, mainly in management and Compliance, Money Laundering and Terrorist Financing Risks. She started her career in banking, way back in 2003 as a Call Center Agent with NMB Bank – Head Office and later in 2010 was promoted to Compliance Officer within the same Institution before joining the United Bank for Africa(UBA) (T) Limited in June, 2017 as Head of Compliance.

Victoria Charles Lupembe

Head Legal & Company Secretary
Victoria Charles Lupembe, was employed as a Company Secretary/Head of Legal of UBA Tanzania in 16th July 2018. Before her appointment as a Company Secretary/Head of Legal to UBA Tanzania, Ms. Victoria was the Senior Associate at Mawalla Advocates. Prior to her employment at Mawalla Advocates, she worked with Aloys & Associates as an Associate from 2014 to 2015. Prior to that, from 2012 to 2014, she was the Company Secretary of Fanikiwa Microfinance Company Limited and from 2010 – 2012 she held the position of a Legal Officer at the then Tanzania Gatsby Trusts newly created Financial Institution called Fanikiwa Microfinance Company Limited. Ms. Lupembe received her education at the University of Dar es Salaam, in the United Republic of Tanzania, from which she attained a Bachelor’s Degree in Law, and is also a graduate of the Mzumbe University in Dar es Salaam where she earned a Master’s degree in Business Administration in Corporate Management. Ms. Lupembe is a Practicing Advocate with a Post-Graduate Diploma in Legal Practice from the Law School of Tanzania.

Gbenga Makinde

Managing Director

Mr Gbenga Makinde is currently the Managing Director/ CEO of UBA Tanzania a subsidiary of the United Bank for Africa (Plc). Mr Gbenga (commonly known as GMak) has had a lengthly carrier in the banking realm, which over the course of two decaded has seen him at the helm of a number of critical departments.

Prior to his appointment as MD/ CEO of UBA Tanzania, he was the MD/ CEO of UBA Benin where he made great number of significant achievements in different time periods. Before Joining UBA Plc, Mr Makinde worked in various managerial roles and positions having worked for Metropolitan Bank Limited, Equatorial Trust Bank Limited and Access Bank Plc.

Makinde is people centered and has consciously developed his communication skills in a manner that relates to various categories of target audience and stakeholders to enhance business growth.

Flavia Kiyanga

Chief Operations Officer

Ms. Flavia has twenty-five (25) years working experience out of that, ten (10) years being with UBAT. Flavia has been employed with UBA Tanzania since 2009 up to date. Within UBA Bank Tanzania Flavia has assumed various responsibilities in operations department as Branch Operation Manager from 2009 to 2014 then she has been promoted as Head of Domestic Operations from 2015 to 2018 and Currently Flavia is the Chief Operating Officer (COO) from November 2018. Prior to that, from 1996 to 2009, she was the Branch Finance Officer of Tanzania Postal Bank. Flavia holds a Master’s degree in Business Administration, Finance and Banking from Mzumbe University, also Flavia graduated at Mzumbe University where she earned an Advanced Diploma in Economic Planning.