NMB’s rural banking services delight BoT

DAR ES SALAAM: BANK of Tanzania (BoT) Governor, Mr Emmanuel Tutuba, has said the NMB Bank’s rural banking services programme is a right initiative in boosting the country’s financial inclusion.

The Governor made the remarks over the weekend when he visited the NMB booth at the ongoing ‘Sabasaba fair’ taking place along Kilwa Road in Dar es Salaam.

“You are doing a good work,” Governor Tutuba said while recognising the NMB’s rural banking services programme

NMB programme aims to reach 1,000 villages in the country and open at least 1,500,000 accounts by the end of this year.

The NMB Bank Digital Payments Manager, Ms Eva Koni said the lender’s campaign to reach over 1000 villages is part of the bank’s long-term commitment to bridge the unbanked gap and the reception so far is pleasing.

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In another development, Ms Koni said the ‘Vimba na NMB Mkononi’ campaign aligns with the bank’s financial inclusion strategy that not only seeks to promote a cashless economy across the country but also reward the bank’s customers.

“The campaign targets NMB Pesa Account holders and comes with a lot of benefits including free cash transfers and up to 30 per cent bonus on airtime purchases,” she said.

NMB has invested in technology to enable it to evolve into more than just a conventional banking establishment.

“To date, 94 per cent of the bank’s transactions are done outside the traditional banking halls,” she said.

She the programme will accelerates the use of digital technology in providing financial services to reach Tanzanians more easily, at low cost and with services that meet the needs of customers