NMB INITIATES MASSIVE DRIVE WITH NMB PESA ACCOUNT

NMB Bank has initiated a massive account opening campaign dubbed “NMB Pesa Haachwi Mtu” seeking to incorporate new customers into the formal banking system.

Announcing the inclusive finance initiative yesterday, Retail Banking Chief, Filbert Mponzi said the NMB Pesa Account opening drive seeks to increase the number of people with access to formal banking services in the country.

The undertaking, he explained, will also help the bank to expand its client base that currently comprises over six million customers who apart from an extensive branch network are also served by over 30,000 agents.

“The latest Finscope study shows that currently only 22 percent of people qualified to have bank accounts have them, which is not an impressive figure,” Mr Mponzi noted in a live interview during EFM’s Joto la Asubuhi programme.

As a responsible and leading bank, he explained, NMB is obliged to help to address the fiscal anomaly hence the decision to conduct the campaign that mostly targets the unbanked and underserved segments of society such as petty traders, boda boda riders and food vendors.

The consumer banking expert noted that opening of the NMB Pesa Account, which has no monthly charges, requires only TZS 1,000. According to him, the account can be digitally opened anywhere any time by the bank’s mobile sales personnel specifically assigned for the task.

“Through this initiative, we want to fulfil the dreams of all those wishing to have bank accounts by easing the process to open and operate them,” Mr. Mponzi said, noting that having an NMB Pesa account delivers many benefits.

The merits of the service include instant connection to NMB Mkononi and eligibility to its various solutions such as the Mshiko Fasta digital loans.

The bank’s head of the Branch Network and Retail Sales Department, Mr. Donatus Richard, called on Tanzanians to capitalise on the opportunity offered by NMB Pesa Account to enjoy the premium services NMB Bank Offers.

He said the bank will continue offering new and highly innovative solutions to help address financial challenges encountered by many people in the market.