NMB is the second-largest retail bank in Tanzania in terms of asset base and is the most profitable bank in the country.

About NMB

Previously a government-owned institution, NMB Bank was established in 1997 as National Microfinance Bank Limited. The bank was privatized in 2005 and became NMB Bank. Today the institution offers a range of banking services to individuals, small- and medium-enterprise owners, and large corporate clients, with a focus on supporting the agriculture sector. NMB operates through a network of over 200 branches, more than 700 ATMs and nearly 6,000 POS terminals throughout Tanzania.

The Program

NMB Bank is developing its Women’s Market program, through which it plans to serve women MSME owners with access to finance and business and financial education services. The bank organizes networking events and trainings on topics women in business find highly relevant, like technological advances, corporate governance, marketing, import/export and financial literacy, via 34 Business Clubs in the country. The bank also has a strong diversity and inclusion proposition that includes a dedicated women’s networking and learning platform and targets for female representation in the workforce.


30 percent of the bank’s
customers are women.

20 percent of NMB Bank’s credit
portfolio goes to women.

31 percent of the bank’s
loans go to women.

47 percent of NMB Bank’s 
employees are women.

NMB Bank Tanzania


The Opportunity in Tanzania


of women in Tanzania participated in the labor force as of 2017, according to the World Bank.


of women had an account at a formal financial institution in 2017, Findex found.


of women in Tanzania saved at a formal financial institution in 2017, according to Findex, but 46% of women in the country engaged in savings behavior that year.


of women borrowed from a financial institution in 2017, yet 38% of women reported obtaining a loan that year, Findex data showed.

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