Dar es Salaam, October 7, 2021, NMB Bank is announcing to all its customers in the whole value chain of agriculture, livestock and fisheries that from 15th of October 2021, it will start offering loans at affordable interest rates. These loans will be disbursed at interest rates not exceeding 10 per cent per annum. The beneficiaries of these affordable loans are namely farmers, suppliers of farm inputs, service providers, entrepreneurs, small and medium processors engaging in all activities in the agriculture, livestock and fishing sectors. Over TZS 100 Billion are set aside for affordable loans to customers in the whole value chain of agriculture, livestock and fisheries NMB Bank has taken this initiative in order to widen the scope of stakeholders in the sectors like agriculture, livestock and fisheries to access affordable loans to increase productivity in their economic activities. A customer will get relief of the cost of loans and thus be able to make more profits. The profit gained can be used to increase production of food, industrial raw materials and contribute to industrial development in the country. It is the expectations of NMB Bank that farmers, livestock keepers, fishers, business people as well as small and medium entrepreneurs in agrispace make use of the unique opportunity to access low-cost loans to increase their incomes and build the country’s economy. The Bank will observe the conditions in offering these affordable loans by following the lending procedures including the highest amount of loan of 1 billion shillings per one borrower. The borrower can be an individual, cooperative society, company or any institution that will meet the conditions for lending. The Bank is urging all the intended stakeholders in this initiative to visit its branches (over 225 branches countrywide) and access loans at affordable interest rates.   Issued by Ruth Zaipuna Chief Executive Officer NMB Bank PLC October 7, 2021

  NMB Bank Plc wins two international Awards 2021 Euromoney Awards names NMB the Best Bank in Tanzania Global Banking and Finance Awards names NMB the Best Retail Bank in Tanzania Financial Performance, Financial Inclusion, innovative banking Offerings, Customer Experience and Technology contributed to the awards For Immediate Release Dar es Salaam – August 3, 2021: NMB Bank Plc has scooped two awards from International Publications naming the bank as the best bank and best retail bank in Tanzania. For the 9th consecutive year, NMB Bank has won the Best Bank in Tanzania from Euromoney awards for excellence 2021. The Bank has also been recognized  as the Best Retail Bank in Tanzania by the Global Banking and Finance Awards.These are top awards issued by the leading global financial markets magazines based in London. The Euromoney Best Bank award recognized NMB’s strong financial performance and a switch to digital channels as a testament to a push for greater efficiency. Today, 93% of the bank’s transactions happen outside branches. This also cements the bank’s financially inclusive approach to the business, including agency banking and NMB Mkononi, which offer customer solutions such as cash deposits and withdraws, fund transfers,  and bills payments. The Best Retail Bank in Tanzania award reflects NMB’s strategy and commitment to offering its customers the best possible services by offering flexibility, competence and demonstrating a strong commitment to enhance customer experience through the provision of value-added banking services. NMB’s initiatives and partnerships are those that are positively impacting surrounding communities which put their trust on the bank of which directly attributes to customer deposits that increased by 8% to TZS 5.3 trillion in 2020. These  awards underscores NMB Bank’s leadership in the Tanzanian banking sector. The judging panel for both awards highlighted the advantage NMB Bank demonstrated with its digital banking and agency banking platforms. NMB Bank’s CEO – Ruth Zaipuna said, “innovative products, investments in technology and digital solutions, coupled with the widest branch network and ATM’s have contributed to the transformation of the bank, making it the best bank in Tanzania that strides for financial inclusion agenda”. NMB CEO, Ruth Zaipuna handing the bank's Board member Dr. George Mulamula Euromoney Award Trophy as Best bank in Tanzania and Best Retail Bank in Tanzania award during a brief ceremony held at NMB Head Office in Dar es salaam. Left is NMB's Chief Finance Officer Juma Kimori and Chief of Retail Banking, Filbert Mponzi ( Right). Ms. Zaipuna added that winning the Best Bank and Best Retail Bank in Tanzania is a clear indication that our efforts are recognized not just in Tanzania but outside the country as well. “It’s a great accomplishment and honor for NMB Bank to receive these two prestigious awards and the recognition they represent.  We are proud that our efforts are being recognized but we also know we can’t be complacent; we must continue to hold ourselves to the highest global standards and continue to reflect our dedication to maintaining our place as Tanzania’s best bank and leading retail bank.” Both awards were given after measuring several metrics including, financial performance, digital banking strategy, financial inclusion, product offerings and the approach to innovative banking offerings and corporate social responsibility. Other quantitative metrics considered include market capitalization; return on equity; return on assets; market share of deposits; market share of loans; loans-to-deposits ratio; non-performing loans ratio; and non-performing loan coverage ratio.Winning both the Euromoney Excellence and Global Banking & Finance Awards confirms NMB’s investment in human capital, digital transformation, technology and recognition for its continued leadership position in providing innovative financial service offerings through consistently developing its banking solutions to the market. Euromoney’s editor Louise Bowman explained: “This award reflects the progress made by NMB Bank throughout the years including generating the highest profit in the history of the sector at TSh206 billion ($88.4 million), up 45% from the profit recorded in 2019. By every measure - record financial performance, sustainable profitable growth and outperforming its peer group in a wide variety of metrics - NMB led the way in Tanzania," said Wanda Rich, Editor, Global Banking & Finance. "NMB is also being recognized for continuing to dominate the Tanzanian landscape in terms of good governance, integrity, financial inclusivity and corporate social responsibility, which all contributed to an exceptional year for NMB."    

NMB Bank Plc – Reaches New Heights in Tanzania’s Banking Industry Dar es Salaam, 28 January 2021 – NMB Bank has generated the highest profit in the history of the Banking sector in Tanzania. In the year ended 31 December 2020, the Bank recorded a Profit after Tax (PAT) of TZS 205.5bn, 45% more than in the previous year. Commenting on the published results, NMB Bank Plc Chief Executive Officer, Ms. Ruth Zaipuna, attributed the Bank’s impressive performance to execution of the bank’s strategic plans, which focus on growing income and improving operational efficiency by leveraging on technology to drive customer experience and cost efficiency. “This year (2020), despite the global uncertainties in the wake of a global pandemic, we delivered a record-setting performance with strong stakeholder support, operational excellence, and solid strategy execution. The market at large also benefited from the unprecedented monetary and fiscal support by the Central Bank and the Government. This in turn led to our profits reaching all-time high,” said Ms. Ruth Zaipuna, NMB CEO. Analysts have pointed that the impressive results from the nation's largest bank is a testament of the resilience and attraction of the Tanzanian economy, even as the world grapples with longer curbs. The published unaudited financial statements show the growth has been driven by an increase in the Bank’s operating income by 15%, and cost efficiency measures that contained operating costs at a marginal increase of only 2% Year on Year (YoY). Following the bank’s strategic push for high efficiency on operations and digital channels, non-funded income increased by 19% from TZS 224 billion in 2019 to TZS 266 billion in 2020 driven by bank’s focus on digital offering, while net interest income increased by 11% from TZS 518 billion in 2019 to TZS 574 billion in 2020. Further, confirming the Bank’s growing reputation as an economic development financier, NMB’s Gross loans and advances to customers increased by 15% to TZS 4.1 trillion in 2020, as the bank continued to extend credit to the private sector. Overall, customer deposits rose by 7% from TZS 4.9 trillion in the previous year to TZS 5.2 trillion in 2020, highlighting customers’ continued trust in NMB Bank. Alongside this financial achievement, the Bank has also received a number of awards, highlighting the growth trajectory of the institution. In 2020, NMB’s achievements led to internationally acclaimed recognition as the Safest Bank in Tanzania by Global Finance magazine, and being named Best Bank in Tanzania for 8th consecutive time by Euromoney magazine. With approximately 22% market share in both loans and customer deposits, NMB has the largest Balance Sheet in the banking industry and remains the most profitable Bank in the country. Reflecting on these achievements, Ms. Zaipuna stated that ‘’we certainly do not think this is as good as it can be. We continue to see opportunities across the market and going forward we aim to strengthen our customer relations through further development of remote channels, taking advantage of advanced data analytics and personalization of range of products and services offered. “We would like to thank our customers, shareholders, the Tanzanian Government, the Bank of Tanzania, our strategic partners and our dedicated staff for their continued support and partnership with NMB Bank.” Ms. Zaipuna concluded. For more information, contact: Eunice Chiume, NMB Bank Plc Head; Communications and Corporate AffairsAbout NMB: 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 226 branches, over 8,000 Agents (Wakala) and more than 800 ATMs across the country and is represented in all districts of Tanzania. NMB has over 4 million customers and employs over 3,450 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 8 years in a row from 2013-2020. The bank has been named The Safest Bank in Tanzania for the year 2020 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. Also the Best Retail and Best Commercial Bank in Tanzania by the Banker East Africa Magazine in 2018. For more information about NMB and its services, Read more...

o answer the most vexing innovation questions, customers are becoming the partner of choice. Therefore, NMB Bank is inviting customers, stakeholders and innovators to innovate together the best new mobile application for themselves during the Innovation Week. 15 participants will be selected to take part in innovating a new mobile app together with the NMB team. APPLY to participate in the NMB event and stand a chance to win Tshs. 1,000,000/= with your team. The NMB Innovation event will take place during the INNOVATION WEEK EVENT at LAPF Millennium Towers in Dar es Salaam from May 18 to May 22, 2021. Selected participants will be required to cover their transportation costs to and from the event. Breakfast and lunch will be provided for selected participants. For more information about the NMB event during the Innovation Week, chat with us on our WhatsApp number 0747 333 444 NMB Bank #LetsInnovateTogether >CLICK HERE TO APPLY

MastaBata is bigger, better with more winners and exclusive prizes. NMB Bank PLC has launched a reward campaign dubbed MastaBata Sio Kikawaida that will see customers win cash, Smart Phones, Fridges, Flat Screens, Microwaves and a holiday trip to a destination of their choice in Zanzibar, Ngorongoro, or Serengeti. More than TZS 200 Million worth prizes to be won in this promotion aimed at encouraging and motivating customers to use NMB MasterCard when paying for goods or services through Point of Sales (POS), QR Code or Internet purchase commonly known as E-commerce. NMB customers paying using NMB mastercard QR also form part of this rewarding program. Over three million NMB cardholders and customers will stand a chance to win different prizes with the grand prize remaining a fully paid 3 days trip for two to Serengeti, Ngorongoro and Zanzibar. Speaking at the launch, the NMB Bank’s Chief Retail Banking – Filbert Mponzi said the promotion is a way of rewarding customers who have transformed together with the bank through its digital journey to forming a cashless society.   NMB Chief of Retail Banking - Filbert Mponzi (2nd from right) and Tanzania Gaming Board Representative - Rasuli Masudi (2nd from left) launching Masta Bata campaign aimed at increasing NMB MasterCard usage when paying for goods or services through Point of Sales (POS), QR Code or Internet purchase in the country. Right is NMB Head of Card Business - Philbert Casmir and NMB Senior Manager Card Business - Manfred Kayala. According to Mr. Mponzi, the promotion will have weekly, monthly draws with the grand prize being a trip to a destination of their choice or a gift menu that contains various prizes. This is exclusive to existing and new NMB customers. Mr. Mponzi said “as we end the year, we want to reward our customers who are key partners to our journey to build a cashless society. Usage of cash is not only expensive for individuals and the government but also risky, let us all use our cards to pay for our end of the year holiday shopping and on our daily purchases.” “We are grateful to our customers for their continued support over time. It is through their support that NMB has managed to come this far. This promotion aims at rewarding them for their loyalty and it is an incentive to our new customers for choosing NMB as their Bank of choice,” notes Mr. Filbert. In the three months of the promotion, there will be weekly draws that will see 40 lucky winners every week walk away with TZS 100,000/- each, Monthly winners where 12 lucky customers will be walking away with brand new Samsung Galaxy Note 20 phones. The grand finale will witness 12 customers win an all-inclusive trip for two to either Serengeti, Ngorongoro or Zanzibar.     Winners of the trip can choose to be accompanied by their spouses or friends and the trips will be fully paid by NMB Bank for 3 days stay in a five-star Hotel. The same winners’ will also be given an option of deciding between the Safari or a range of prizes from Smart TV set to fridges. NMB Bank is the first bank in Tanzania to issue a secured EMV (Chip and Pin) MasterCard with contactless technology and pioneered the largest roll out of contactless MasterCard payment cards in Tanzania to date. Contactless technology allows consumers to make fast, secure and more convenient payments, and is ideal for quick payment environments where speed and convenience matter most such as taxis, buses, major retailers, grocery stores and fuel stations.