Foreign Exchange Rates

DStv Advert_010224

DStv Advert_010224

SBT Tanzania Advert_291123

Tuesday 28 June 2016

NATIONAL MICROFINANCE BANK (NMB) CONSTRUCTS TWO MOBILE POLICE POSTS

NMB Chief Financial Officer, Waziri Barnabas.
The National Microfinance Bank (NMB) has donated two mobile police posts to the police force in the country worth over 145m/-, that were launched by President John Magufuli in Dar es Salaam on Saturday.

The NMB Chief Financial Officer Mr Waziri Barnabas said at the event that the bank’s contribution supported government efforts in improving and modernising the police force in the country in a bid to curb crimes and maintain community safety.

“We have supported the police force in their important initiative that was also used as an avenue to demonstrate to the general public the various activities it performs which are crucial in maintaining peace and security in the country,” he said.

He said NMB has over 177 branches network and ATMs spread across in almost all districts, thus a strong police army was an important segment in ensuring safety of business banking and people’s money.

He said in this year the bank financed the police force conference of senior police officers with over 75m/- and has been doing it for four consecutive years.

Similarly, Mr Barnabas said the bank sustain good relation with the government and has been providing individual loans to its civil servants including police officers that has reached over 28bn/-.

NMB takes its Corporate Social Responsibility (CSR) seriously and has endeavoured to contribute one per cent of its after tax profit to worthy causes in the community development projects.

The bank that posted 150bn/- after tax profit in 2015 has set aside 1.5bn/- for community development projects like Education and health sectors through provision of school desks, hospital beds and in-kind support in case of natural or other disasters and also helping to create awareness on financial capability.

For example, from January this year, the bank has spent over 660m/- for the purchase of desks to address shortage of desks in various schools in the country. A total of 131 primary and secondary schools have benefited from 6,550 desks, a huge support to the government endeavours to improve learning environment.

Daily News

No comments:

Post a Comment