First National Bank (FNB) Tanzania has asked Tanzanians to cultivate the culture of saving that provides significant source of capital and a tool to alleviate poverty. “Saving is an important tool that can provide variety of benefits to both an individual and the nation as source of capital and investment,” said the FNB Head of
Standard Chartered Bank said yesterday its global network of employees and clients will create awareness about the United Nations’ programme ‘Global Goals for Sustainable Development’. UN’s Global Goals is series of 17 ambitious goals that targets to end poverty, fight inequality, injustice and tackle climate change for everyone by 2030. The bank is proud to
Airtel Tanzania announced the distribution of over 5bn/- to its active Airtel mobile money customers and agents across the country. The move to distribute the interest accumulated in Airtel Money trust account will enable active Airtel Customers to receive a substantial amount of money. The amount paid to Airtel Money customers is based on their
The NBC Bank Acting Head of Marketing and Corporate Relations, Ms Alina Maria Kimaryo, said in Dar es Salaam yesterday that more people were being encouraged to open salary accounts to enjoy wider range of banking services as well as grab various prizes through ‘Mcheza Kwao’ salary account campaign. The services also include the recently
The Uchumi Commercial Bank (UCB) has clicked 10 years since its establishment with shareholders getting about 1bn/- in dividends. UCB Board Chairman, Mr Wilson Ndesanjo, said that the bank that was established in September 2005 with a 372m/- capital is now worth 4.6bn/-. Mr Ndesanjo said the bank owned by the Evangelical Lutheran Church of
The TIB Corporate Finance Limited has changed name to TIB Corporate Bank Limited to align itself with its broadened scope in provision of commercial banking services. The Managing Director, Frank Nyabundege said in a statement that the bank was set to brand, market and roll out its business development strategies after it was issued with
The National Bank of Commerce (NBC) has launched a Rewards Program for its private banking customers who will enjoy attractive discounts and offers available in over 25 retail retail franchises located across the country. The introduction of the NBC Rewards Program is a testimony of NBC rewarding high net worth customers for their continued support
Stanbic Bank Tanzania has unveiled new modern touch-screen automated teller machines (ATMs), which are said to be the first of their kind in the country. “We are launching yet another first from Stanbic Bank,” said Farha Mohamed, Head of Self Service Channels. “Our new ATM’s are the latest version in the market, with the added
Dar es Salaam based I&M bank yesterday launched a three-month RICHES Campaign to encourage individuals, employees, students and businesspeople to open accounts for savings and other business requirements. Under the campaign, account holders with the bank will qualify for the monthly raffles through which winners will be awarded 20m/-. “All Tanzanians are welcome to open
First National Bank (FNB) has opened a branch at Mbezi Beach in Dar es Salaam, bringing the number of branches in its network in the country to eight. “We are delighted to open our new branch at Mbezi Beach which is the eighth amongst the branch network as part of our strategic plan to expand
