Bethuel Kinyori - Journalist Profile | Connect with top journalists

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nmbbank.co.tz

NMB Bank Plc is a prominent commercial bank in Tanzania, licensed by the Bank of Tanzania. Established in 1997, it evolved from the National Bank of Commerce and rebranded as NMB Bank Plc in 2018. The bank serves a wide range of clients, including individuals, businesses, institutions, and government entities. NMB offers a variety of financial services. Its retail banking includes savings and current accounts, loans, mortgages, and digital banking options. For businesses, NMB provides tailored solutions such as trade finance, cash management, and overdraft facilities. The bank also supports government banking and large-scale project financing. With a focus on digital solutions, NMB enhances accessibility through mobile banking and online platforms. Privatized in 2005, NMB has expanded its product offerings and operational reach, becoming a key player in Tanzania's banking sector. It serves diverse customer segments, including retail clients, SMEs, corporates, and government institutions, solidifying its position as a vital financial institution in the region.