Capital Markets & Securities Authority has granted  NMB Bank with approval to start issuing bonds on the 10th May 2016 to  8th June 2016  at an interest rate of 13% which will be paid twice a year- that is 6.5% after every six months. The NMB Bond will last over a period of three years and the minimum investment is TZS 500,000/=.

Mwanza, April 21, 2016….National Microfinance Bank (NMB) has today organized a meeting of NMB Executive Network members from Lake Zone a meeting that brought together over least 100 top ends Business Customers and corporates who commands the annual turnover of over TZS 10 Billion each. Limited top end SME’s customers with turnover of over TZS 2.5Billion were also invited in the gathering which among others they discussed on ways to improve their business relationship and foster rewarding relationship between the bank and its top end customers.

NMB Bank becomes the first bank in Tanzania to be awarded the Best Retail Bank award at the prestigious The Asian Banker Awards held at the Ritz Carlton DIFC in the United Arab Emirates. The Excellence in Retail Financial Services Awards is the most competitive consumer banking awards in Asia Pacific, Central Asia, the Middle East and Africa awarded to the world’s leading financial institutions by The Asian Banker. More than 250 banks in 42 countries including Kenya, Ghana, Nigeria, Zambia and South Africa go through an evaluation process to select nominees and eventually winners.

We would like to inform our esteemed customers that most of our branches will be closed on Union Day, April 26, 2016 to celebrate the unification of Tanganyika and the People’s Republic of Zanzibar. The below branches will be open on the day to serve you.  ·        NMB Wami ·        NMB Tandika ·        NMB Tegeta ·        NMB Kenyatta ·        NMB Kariakoo ·        NMB Mwanjelwa ·        NMB Mlimani City ·        NMB Arusha Market ·        NMB Nelson Mandela ·        NMB Ifakara   These Branches will be open from 10am to 2pm with the exception of NMB Mlimani City which will be open from 10am to 4pm.   Alternatively, NMB self-service channelswill be available 24 hours and our Customer Service Centre will remain open from 7am until 8pm. Please contact them through our toll free number 0800 11 22 33should you require further assistance.   We wish you a Happy Union Day.     Issued by NMB Management

Dar es Salaam, April 15, 2016. The National Microfinance Bank (NMB) has recruited 30 talented graduates to join in its 2 years Graduate Trainee program which upon successful completion, they will be employed and posted in different departments at head office and branches.