I&M BANK TANZANIA INAUGURATES ITS MAIN BRANCH AS IT LAUNCHES A SPECIAL ‘I&M TUNAWEZA WOMEN'S ACCOUNT’

I&M Bank's Board Member, Ambassador Bertha Semu-Somi, speaks during the launch of the bank’s newly-introduced Tunaweza Women's Account during the bank’s main branch inauguration.

Bank of Tanzania (BOT) Deputy Governor, Dr. Bernard Kibesse speaks during the launch of the bank’s newly-introduced Tunaweza Women's Account during the bank’s main branch inauguration.

Dar es Salaam - I&M Bank Tanzania has announced the inauguration of its relocated Main Branch as well as the launch of their first-ever account, exclusively for women in Tanzania. This two-tier event took place at their Main Branch new premises located at Indira Gandhi Street next to NIDA Textile building, on15th July, 2020.

The newly refreshed branch is testimony of I&M Bank’s commitment to the market and its customers; loyal to the Bank for over 10 years having taken over from CF Union. Dr. Bernard Y. Kibesse, BOT Deputy Governor, officiated the inauguration and further commended I&M for its good work in support of the economy.

Speaking during the inauguration, Dr. Kibesse further applauded the Bank for its understanding of the needs of their customers and responding positively by ensuring they get the best experience while visiting the Bank, “10years of existence in the market, with extensive trend of profit making gives the market a very high promising future to bank with I&M”, he capped.

The Bank took the opportunity of the inauguration of the Main Branch, to officially launch I&M Tunaweza Women’s Account, a special product dedicated to women entrepreneurs. Ambassador Bertha E. Semu-Somi, I&M Bank Board member, announced the official launch.Shesaid the move will help Tanzanian women to improve their saving culture, while enabling them to meet their targeted economic dreams. She noted that the special account dedicated to women, had distinguished features scarcely in the market,

The newly launched ‘I&M Tunaweza Women's Account’ comes in 3 variants: Tunaweza Individual Savings Account, Tunaweza Current Account for businesses and Tunaweza Group Account for Associations, with each offering various privileges and benefits to the account holder.

“I am excited by the response of the Guest of honor and our invitees here to witness the inauguration of our Main Branch and the introduction of this most exciting Women Account in the market. This year we are celebrating 10 successful years of our existence in the market, having originated from a very strong group bank of I&M holding in Kenya.” Said Baseer Mohammed, I&M Bank’s CEO.

"We salute the spirit of women for striking the perfect balance between managing work and family. We believe that it is our responsibility as an organization to make opportunities available for women to invest in themselves. This account has very exciting features with nomonthly fees as well as transaction charges to support women in different fields. Said Lilian Mtali, Head of Retail Banking, I&M Bank.

I&M Bank has presence in Dar es Salaam, Arusha, Mwanza and Moshi with fully-fledged branch operations in those specific areas.