NMB Bank PLC (NMB)

NMB Bank Plc provides various banking products and services in Tanzania. It operates through Treasury, Retail Banking, and Wholesale Banking segments. The company’s deposit products include personal, wisdom, current, bonus, business savings, business, fixed, flexi, call, trust, exclusive, and executive accounts; fixed and term deposits; and Kilimo, Fanikiwa, Chap Chap instant, Mtoto Akaunti, Pamoja, agribusiness personal, Chipukizi, and Mwanachuo accounts. It also provides salaried workers, personal cash cover and other collateral secured, pensioners, outgrowers, mortgage, car, investment and working capital, and NMB Mshiko Fasta loan services. In addition, the company offers emerging and commercial farmers, and warehouse receipt financing; overdraft facilities; small and medium enterprise, and micro and small entrepreneur loans; bank guarantees, and export and import financing facilities; and supply chain financing services. Further, it offers payment solutions for bills payment, wage packaging, and corporate bulk payment processing; collection solutions; treasury services, including spot and forward foreign exchange contracts; foreign exchange swaps; interbank foreign exchange services; international payments; and money markets and investment solutions, such as government securities, fixed deposits, interbank cash, registry, and custody services. Additionally, the company provides credit and debit, and prepaid cards; syndications; digital transaction and Chinese desk services; structured, asset, project, and trade financing solutions; advisory services; and internet and mobile banking services, as well as property development and leasing services. It offers its products and services to retail customers, farmers, industrialists, small businesses, corporations, and institutions, as well as government institutions. NMB Bank Plc was incorporated in 1997 and is headquartered in Dar es Salaam, Tanzania.