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Initially NMB could only offer savings accounts, with limited lending capabilities. In 2005, NMB Bank was privatized and the Government of Tanzania, the sole owner of NMB until then, divested 49 percent shareholding to Rabobank of the Netherlands. Over the years since that time, further divestiture by the Tanzanian Government and subsequent ...
The bank's headquarters are located on the 16th Floor, Mwanga Tower, New Bagamoyo Road in Kijitonyama in the city of Dar es Salaam, Tanzania. The geographical coordinates of this location are:6°46'34.0"S, 39°14'39.0"E (Latitude:-6.776111; Longitude:39.244167).
NMB Bank Limited was founded in 1993 by Zimbabweans. At that time it was under the name National Merchant Bank of Zimbabwe. In June 1993, the bank was registered as an accepting house under the Banking Act. In 1997, the NMBZ Group was listed on the Zimbabwe Stock Exchange and simultaneously on the London Stock Exchange. In December 1999, NMB ...
He worked in different roles in the bank until 2004. That year, he left to join Eurafrican Bank (EAB) in neighboring Tanzania as managing director. Founded in 1995, EAB was acquired by Bank of Africa Tanzania in 2007. [4] In 2007, Juma Kisaame returned to DFCU Bank as the managing director, and served in that role, [3] until his resignation in ...
At the end of the year in 2015, the bank had an asset base of over US$773 million (TSh 1.69 trillion) and is the fourth-best capitalized commercial bank in the country, behind National Microfinance Bank, CRDB Bank and FBME Bank. [8] At the end of 2017, Tanzania's total banking assets were valued at TSh 29.97 trillion (US$13.2 billion). [3] At ...
He first served as executive director of retail banking and then executive head of treasury. In 2007, he left for Tanzania and was appointed chief operating officer at NMB Bank in Dar Es Salaam (on secondment from Rabobank International Nlg). In 2011, he was named chief executive officer of uniBank.
NCBA Bank Tanzania Ltd, part of NCBA Group; NMB Bank Plc; National Bank of Commerce Ltd; International Commercial Bank Tanzania Ltd, part of ICB Banking Group; Azania Bank Plc, state-owned; Absa Bank Tanzania Ltd, part of Absa Group; I&M Bank Tanzania Ltd], part of I&M Bank Group; Access Bank Tanzania Ltd, part of Access Bank Group; People's ...
All Barclays Africa Group managing directors, outside of South Africa, reported directly to her. She took office effective 1 October 2014. [3] Prior to that, she was the managing director and CEO of National Bank of Commerce (Tanzania). She was appointed to that position in March 2013, and assumed office on 20 May 2013.