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NMB Bank - National Microfinance Bank
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Details
Legal residence:Tanzania
Organization type:Financial service provider
Funding agencies: Other
Sectors: Banking, Micro-finance
Nr. of employees:1001-5000
Status:
Active
About
NMB is the leading bank in Tanzania, with over 225 branches, over 2.5 million customers and over 800 ATMs countrywide. NMB pioneered major innovations in the market including agency banking (NMB Wakala), mobile banking and Pesa Fasta- an ATM based remittance product targeted at the unbanked. NMB is also making inroads in Corporate Banking, Treasury, and Transactional services such as corporate payments, collections and Trade Finance.
NMB plays an important role in the agricultural value chain and pioneered warehouse receipt financing for the country’s Saccos and Amcos. London Based Super Brand council that run research across 84 countries has named NMB among top 20 brands in Tanzania for 2013/14 and emerged number one in the banking industry. NMB has also been awarded Best Bank in Tanzania by Euromoney in 2013, 2014, 20015, 20016, 2017and 2018.
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