NMB Bank Plc

NMB Bank Plc

Banking

We are committed to a customer experience that brings us closer to you with every engagement #NMBClosetoyou

About us

NMB Bank Plc. (“NMB”) is a full-service commercial bank incorporated in the United Republic of Tanzania. Through its 3 main business divisions: Retail, Wholesale, and Treasury, NMB provides a suite of financial services and products to retail customers, farmers, SMEs, Corporates, Institutions and the Government. The bank has 231 branches, over 28,000 Agents (Wakala) and more than 715 ATMs across the country and is represented in all districts of Tanzania. NMB has over 7.1 million customers and employs over 3,600 staff. It is listed at the Dar es Salaam Stock Exchange and its largest shareholders are the strategic partners Arise B.V with a 34.9% shareholding and the Government of Tanzania with a 31.8% shareholding. Euromoney awards for excellence selected NMB as the “Best Bank in Tanzania” for 10 times in 11 years (2013-2023). The bank has also been named The Safest Bank in Tanzania for the year 2023 by Global Finance Magazine. NMB Bank was also awarded as the Best Blended Finance Partner in Africa for banks working with International Finance Corporation (IFC) of the World Bank Group in 2019.

Website
http://www.nmbbank.co.tz
Industry
Banking
Company size
1,001-5,000 employees
Headquarters
Dar es Salaam
Type
Public Company
Founded
2005

Locations

  • Primary

    Ohio/Ali Hassan Mwinyi Road

    P. O. Box 9213

    Dar es Salaam, TZ

    Get directions

Employees at NMB Bank Plc

Updates

  • View organization page for NMB Bank Plc, graphic

    88,963 followers

    𝗧𝗼𝘂𝗰𝗵𝗶𝗻𝗴 𝗛𝗲𝗮𝗿𝘁𝘀, 𝗦𝗮𝘃𝗶𝗻𝗴 𝗟𝗶𝘃𝗲𝘀 NMB Bank Plc has signed a four-year agreement worth TZS 1 Billion with the Jakaya Kikwete Cardiac Institute (JKCI) to expand access to free cardiac treatment for underprivileged children. Through this agreement, effective this year, the bank will provide TZS 250 million annually to support children with heart conditions undergoing treatment at JKCI. This partnership reflects NMB’s commitment to Corporate Social Investment (CSI), offering critical support to families with children born with heart complications. Additionally, this collaboration will: ➡️ Enable cardiac specialists at JKCI to provide awareness programs for NMB Bank’s key stakeholders, including employees and customers. ➡️ Engage in additional fundraising efforts for the treatment of children with heart conditions at JKCI. Together, we’re breaking barriers to healthcare access, empowering families, and helping the youngest patients reclaim the gift of life. At NMB Bank Plc, every heartbeat matters. #NMBCloseToYou #AccessToHealthcare #CSI #Community

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  • NMB Bank Plc reposted this

    View profile for Ruth Zaipuna, graphic

    Chief Executive Officer at NMB Bank Plc

    In 2021, NMB Bank Plc embarked on a transformative journey, envisioning a strategic roadmap that would not only guide our trajectory but also define our identity in a competitive landscape. We asked ourselves some critical questions about who we wanted to be and how we could truly serve our clients. The answers guided us to five core principles: putting our clients and our people first, delivering distinct value, prioritizing operational efficiency, strong corporate governance principles, embracing sustainability principles and long term view in everything we do, and a culture driven by a high performing, ethical and engaged workforce. Today, as we unveil our Q3 2024 financial results, I am proud to share that our strong performance across all metrics is a testament to the success of our transformative journey. This achievement reflects not just numbers, but our dedication to sustainable growth and the enduring value we create for all stakeholders. We firmly are what we envisioned - ‘𝗔 𝗣𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲 𝗗𝗿𝗶𝘃𝗲𝗻, 𝗮𝗻𝗱 𝗣𝘂𝗿𝗽𝗼𝘀𝗲 𝗟𝗲𝗱 𝗢𝗿𝗴𝗮𝗻𝗶𝘀𝗮𝘁𝗶𝗼𝗻’: ➡️ Sustained Revenue Momentum: TZS 1.2 Trillion (up 18% YoY) ➡️ Historic Profitability Levels: TZS 687 PBT (up 21% YoY) ➡️ Solid Efficiency Gains: 37% CIR ➡️ Strong Portfolio Quality: 3% NPL I want to extend my heartfelt gratitude to our dedicated staff whose hard work fuels our progress, and to our customers, regulators, and stakeholders for their continued support. As we approach the final quarter of the year, our commitment remains steadfast: to create long-term value for our shareholders while driving inclusive and sustainable #socioeconomic growth for our nation and its people. Thank you all for choosing NMB Bank Plc as your trusted financial partner. #NMBCloseToYou #SustainableGrowth #FinancialResults #TrustedPartner #PurposeDriven

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  • View organization page for NMB Bank Plc, graphic

    88,963 followers

    NMB Bank Plc has partnered with IFC - International Finance Corporation and Mastercard to launch the "Banking on Women Advisory Project." This initiative aims to enhance our existing Jasiri Proposition to better attract, retain, and grow women-led businesses in Tanzania. The three institutions signed the agreement on Thursday, October 24, 2024, during the International Monetary Fund - The World Bank 2024 Annual Meetings in Washington, DC. Our delegation was led by Chief Financial Officer Juma Kimori, accompanied by Treasurer Aziz Chacha and Senior Manager of Products, Beatrice Mwambije. Current data from Financial Sector Deepening Tanzania (FSDT) shows that only 22% of Tanzanians utilize commercial banking services. When viewed through a gender lens, that number drops to just 15%. The challenges are even more pronounced in rural areas and among non-formalized businesses. As the largest commercial bank in Tanzania, NMB Bank Plc recognizes the urgent need to address this situation. This four-year project aims to develop a comprehensive customer value proposition that addresses both the financial and non-financial needs of women and women-led enterprises, whether in urban or rural settings. By leveraging primary customer research and non-traditional data sources, we will create tailored solutions that effectively respond to the unique challenges faced by women entrepreneurs. Additionally, the project will focus on capacity building for NMB staff, enhancing our sales and service models while promoting financial literacy and access for our customers. At NMB Bank Plc, we believe that every woman in Tanzania deserves access to the financial tools necessary for success. #GenderEquity and economic empowerment are at the forefront of our strategic priorities. This partnership represents a crucial step in our gender inclusion strategy, reinforcing our commitment to addressing the unique financial challenges women face. #NMBCloseToYou #FinanceForAll #Diversity #Inclusion #FinancialInclusion

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  • View organization page for NMB Bank Plc, graphic

    88,963 followers

    The need for a revolutionized digital payment system is not tomorrow—it’s today. And at NMB Bank Plc, we are proud to lead this journey that will transform how payments are made, accepted, and secured. For the first time in the world - in collaboration with Mastercard - we have launched a truly innovative solution that empowers merchants and customers alike. Through QR pay by link with click to pay, merchants in Tanzania can now accept payments from customers across the globe—seamlessly and effortlessly. Here’s how we’re changing the game: ➡️ Merchants can accept payments from customers globally using @nmbbankplc QR Codes with payment links! ➡️ SME Merchants no longer need to pay for POS terminals which in most cases come with a cost element. A QR placement will do! ➡️ Cardholders from all parts of the world, no longer need a physical card inserted in a terminal when visiting Tanzania, only need to scan NMB Bank Plc QR Code, open a payment link, press #clicktopay and make payment. (No need to enter card credentials, just click) We’re proud to introduce this world-first solution, revolutionizing digital payments and empowering businesses of all sizes. This is the future of payments, and it’s happening right now at NMB Bank Plc. Mastercard #KimastaZaidi #NMBCloseToYou

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  • View organization page for NMB Bank Plc, graphic

    88,963 followers

    In the financial sector, technology is more than an enabler—it's a driver of growth, simplifying processes and transforming customer interactions. As we celebrate Customer Service Week, we are excited to introduce Jirani—our innovative 24/7 virtual assistant designed to go above and beyond the ordinary to provide faster, smarter, and more convenient service for you! Whether you need support or have a question, Jirani is just a message away on WhatsApp, or through our website, Facebook, and Instagram DMs. Jirani can assist you with: ➡️ Information on our products and services ➡️ Foreign currency exchange rates ➡️ Transactions - Purchase LUKU and Insurance ➡️ Balance enquiry and account statements ➡️ Locating our branches, ATMs and money agents close to you ➡️ Connecting with our customer service agent We will continue to embrace innovation and provide personalized financial solutions that fit your needs. Happy Customer Service Week! Sisi ni Huduma, Tumekupata! Ruth Zaipuna Filbert Mponzi Kwame Makundi #NMBJirani #NMBCloseToYou #CustomerServiceWeek #Tumekupata

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  • View organization page for NMB Bank Plc, graphic

    88,963 followers

    As the world continues to look at renewable energy solutions to pave the way for a more sustainable future, NMB Bank Plc is standing firm in supporting strategic projects that aim to advance this cause. This morning, our CEO, Ruth Zaipuna, had an in-depth discussion with the CEO of Tembo Nickel, Benedict Busunzu, to explore the far-reaching significance of the latters Kabanga Nickel Project. The meeting highlighted the strategic importance of the project not just for Tanzania, but for the global clean energy landscape. They discussed how the project’s success will position Tanzania as a key player in the supply of critical metals necessary for renewable energy technologies. The conversation also emphasized the shared commitment to ensuring that the project benefits local communities, particularly through job creation, infrastructure development, and sustainable practices that align with both national and international environmental goals. At NMB Bank Plc, we recognize the critical role that projects like these play in both environmental stewardship and economic development, and we are committed to providing the necessary financial backing to ensure their success. #NMBCloseToYou #Partnership #Sustainability #Mining Ruth Zaipuna Benedict Busunzu Aziz Chacha Benedicto Baragomwa Frank Kilua Nelson Karawa Rachel Mboya Salum. Nassor

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  • View organization page for NMB Bank Plc, graphic

    88,963 followers

    Opportunities follow you, no matter where you are! 🌍 NMB Bank will be at the Tanzania Diaspora Convention in America’s Tourism Expo, Austin, Texas, from the 26th to the 29th of September. We’re excited to share how our tailored financial solutions can help you achieve your goals, even from abroad. Remember to bring your National ID (NIDA), passport, or visa to start this journey with us. For more information, reach out via WhatsApp: +255 747 333 444 or email: [email protected] #NMBCloseToYou

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