The NMB Bank has today launched the first ever money transfer service that will see customers registered with NMB mobile transfer money from their NMB account to other banks at the comfort of their finger prints.

Dar es Salaam, Tanzania: 09 March, 2017 – National Microfinance Bank Pic (NMB) has signed a strategic partnership agreement with Mastercard to ensure the digitization of the agricultural sector in Tanzania with the rollout of eKilimo, a mobile solution developed by the Mastercard Lab for Financial Inclusion.

On Saturday March 4, 2017, His Excellency the President of the United Republic of Tanzania, Dr. John Pombe Magufuli, officially opened the NMB Mtwara Business Centre especially for the business community in the cashew regions of Lindi and Mtwara.

NMB Bank assigned a first-time credit rating by Moody’s Investors Services on 20 January 2017. NMB is pleased to announce that it has been assigned a first-time credit rating by Moody’s Investors Services of B1 Stable, b1. This places NMB Bank the highest among its peers in the region as well as a number of other African banks (excluding South Africa).