Azania Bank Ltd (formally 1st Adili Bancorp Ltd) is now a Commercial Bank was established in 1995 as a financial institution following the liberalization of the banking sector. The initiative of setting up the bank came from indigenous Tanzanians who teamed up with the two social security fund in the country, National Social Security Fund (NSSF) and Parastatal Pension Fund (PPF) to support the start up of the bank.

Azania Bank Ltd aims at becoming a leading bank in providing banking and financial services to the small and medium sized customers by using professionally, motivated and dedicated staff, applying the state of the art-technology and continually enhance shareholder value.