The National Microfinance Bank (NMB) and CRDB Bank have posted almost matching first quarter net profit this year with the latter’s profit surging to catch up with the former to underline intensifying competition between the two largest banks in Tanzania. Financial statements issued recently shows that the NMB net profit went up slightly by 0.5
The National Microfinance Bank (NMB) in Tanzania said its recently introduced internet banking system is showing positive results in reducing queuing at bank branches. NMB Head of Transactional Banking Mr Gerald Kamugisha, told reporters in Dar es Salaam that the internet system had become a significant in efficient provision of service to the customers. “The
The National Microfinance Bank PLC (NMB) in Tanzania has launched an account for Business Customers branded NMB Business Account Plus in Mwanza that would provide a wide opportunity for self service channels. The NMB Chief Finance Officer, Mr Waziri Barnabas said at the event held in Mwanza on Wednesday that NMB Business Account Plus has
National Microfinance Bank PLC (NMB) has been named “the Best Bank in Tanzania for 2013” by pre-eminent international finance magazine Euromoney. The awards were presented at the 2013 Euro money Awards for Excellence Dinner in London. In the year 2012, NMB has made notable progress by providing transactional, savings and investment, and lending solutions to
