Who are the principal shareholders of NMB Bank Plc?

NMB Bank Plc is a publicly listed entity on the Dar es Salaam Stock Exchange (DSE), trading under the ticker NMB. The Bank’s top shareholders include:

• Arise B.V., a pan-African investment platform backed by Norfund, FMO, and Rabobank
• The Government of the United Republic of Tanzania through the Treasury Registrar. 
• A broad base of domestic and international institutional and retail investors

The shareholding structure is publicly disclosed in our Annual Report and updated regularly in line with regulatory requirements.

Does NMB Bank declare dividends?

Indeed. In accordance with the company’s Articles of Association and contingent upon shareholder approval at the Annual General Meeting (AGM), NMB Bank announces a final annual dividend predicated on the audited financial performance for the full fiscal year. The dividend policy is designed to achieve a balance between returning value to shareholders and exercising capital retention to foster growth and enhance resilience.

What is the Bank’s dividend policy and cover ratio?

NMB upholds a scrip dividend framework, aiming for a payout/distribution of approximately 1/3 of profit after tax, which corresponds to a dividend cover of three times. Final recommendations are made by the Board and subsequently ratified by the shareholders.

In what currency are dividends paid?

Dividends are distributed in Tanzanian Shillings (TZS) to all shareholders registered on the Central Depository System (CDS).

How do I calculate my dividend entitlement?

Your gross dividend is computed as:

= (Number of Shares × Declared Dividend per Share) - Withholding Tax

Your net dividend reflects a 5% Withholding Tax deduction, in line with Tanzania Revenue Authority (TRA) guidelines.

How are dividend payments taxed?

Dividends are subject to a Withholding Tax of 5%, which is withheld and remitted by the Bank to the Tax Revenue Authority on your behalf. Capital gains resulting from share trading are subject to brokerage fees and may be liable for capital gains tax in accordance with applicable Tanzanian tax laws. It should be noted that NMB does not withhold taxes on capital gains.

Where can I find information on past dividend payments?

Historical dividend records and payment declarations are available through the Investor Relations section of our website or directly from the Bank’s Finance Department upon request.

I did not receive my dividend or advice slip. Whom should I contact?

Please reach out to:

📧 Lucky Kyando – Securities Manager, Finance Department

📩 This email address is being protected from spambots. You need JavaScript enabled to view it.

What sustainable financing instruments has NMB issued?

Our notable issuances include:

• NMB Jasiri Bond (2022) – Tanzania’s first gender bond, focused on women's empowerment.

NMB JASIRI BOND

NMB-2022/25. T4

ISN: TZ1996104463

NMB JASIRI BOND TRANCHE 4

• NMB Jamii Bond (2023) – A multi-tranche social bond addressing inclusive growth priorities

How do I invest in NMB Bank shares or bonds?

You can invest in NMB securities through any licensed Dar es Salaam Stock Exchange (DSE) broker. You’ll need a valid Central Depository System (CDS) account to transact. Bond prospectuses and share trading information are publicly available on our website.

When does NMB publish its financial results?

NMB releases full financial disclosures quarterly and annually, in compliance with regulatory obligations and investor best practices. Earnings presentations and supplementary ESG metrics may accompany each disclosure.

What is NMB Bank’s commitment to sustainability?

NMB is dedicated to fostering long-term value through responsible banking practices. Our Sustainable Financing Framework serves as a guiding principle, and our disclosures are in accordance with regulatory standards and leading global practices, specifically the IFRS Sustainability Standards (S1 & S2), GRI, and SASB frameworks, along with the TCFD Recommendations.

How do I stay updated on NMB’s investor communications?

Visit our Investor Relations page to access the latest:

• Earnings Releases
• Corporate Presentations
• Bond Offering Documents
• Governance Statements
• AGM Notices & Proxy Forms

For direct communication, please email This email address is being protected from spambots. You need JavaScript enabled to view it..