BANK M SCOOPS "COMMERCIAL BANK OF THE YEAR FOR TANZANIA 2015" AWARD FROM THE INTERNATIONAL BANKER MAGAZINE

Bank M Deputy CEO, Jacqueline Woiso receiving an award during The International Banker Middle East & Africa Banking Awards 2015 held at the London Stock Exchange recently in London. Bank M emerged among the winners of the awards scooping the Commercial Bank of the year in Tanzania. Presenting the award is Mr. Simon Hughes from Finance Publishing, UK.

Bank M Tanzania plc, one of the youngest and fastest growing banks in Tanzania gains international recognition, bagging the award of “Commercial bank of the year-Tanzania for 2015 from the International Banker magazine. The award was presented during the International Banker 2015 Banking Awards event held recently at the London Stock Exchange (LSE).

Through its banking awards, International Banker recognizes the best banking institutions and banking professionals in the Middle Eastern and African regions that have set new benchmarks for performance pushing the boundaries within financial industry. It distinguishes the institutions that provide much needed capital for economic growth, cutting-edge innovation to improve security and efficiency, intelligent investments to maximize profit and shareholder value. The awards also acknowledge the top CEOs in the region for their essential contributions as the decision-maker within their financial institutions.

Moments after receiving the award, the visibly delighted Deputy CEO of Bank M, Jacqueline Woiso said “the bank is proud to be recognized as the Commercial Bank of the Year for Tanzania. Bank M was promoted in 2007 with the conviction to provide world class banking services in Africa and add value to the clients with customised products and services. The bank has, in the past seven years of operations, capitalized on its efficient delivery channels and its quality service delivery and it has captured the business of most of the large business families in Tanzania and is ranked the 08th largest bank”.

Ms. Woiso added that the award will encourage the bank to strive for further innovation in its products and processes and continue to distinguish itself by providing banking services of unmatched quality. “We are not going to rest on our laurels simply because we have been awarded, this recognition will only increase our desire to provide even better banking solutions to our clients as we are aware that their loyalty and commitment alone can take the bank to greater heights in terms of growth and profitability.

Other banks in African region recognized as “Commercial Bank of the Year:” are KCB (Kenya), ZANACO (Zambia), GT Bank (Nigeria), Bank Windhoek (Namibia) BAI (Mozambique) and Mauritius Commercial Bank ( Mauritius).