|Asset Classes||Private debt|
|Impact strategy||Financial Inclusion|
|Number of borrowers reached||349760|
|Number of savers reached||3,986,589|
|Aligned with SDGs|
NMB Bank in Tanzania has a strong focus on financing small and medium-sized enterprises. These enterprises are seen as the economic backbone of the country; they create productive employment and contribute to raising the standard of living in many Tanzanian households.
The bank organises Business Clubs forums across all regions to get feedback on its products and services, to provide training on marketing and sales opportunities, and raise awareness on the importance of record keeping, markets and general business management.
NMB Bank is also known as a pioneer of innovative solutions in the Tanzanian financial sector. It was, for example, the first bank to offer mobile banking services.