Overview
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.
