ACCESS MICROFINANCE BANK REBRANDS TO SELCOM MICROFINANCE BANK

Deal Done! Selcom Paytech Tanzania CEO - Samir Hirji (right), shakes hands with the Access Microfinance Bank CEO - Julius Ruwaichi to commemorate the transition of Access Microfinance Bank to Selcom Microfinance Bank. Samir Hirji is now the majority shareholder, with a 65% share in the company.

Moderating the announcement event at Hyatt Kilimanjaro Hotel, Miss Shumbana Walwa, Selcom Head of Marketing.

CEO of the previously Access Microfinance Bank now Selcom Microfinance - Julius Ruwaichi speaks to invited guests during the official announcement of Access Bank rebranded to Selcom Microfinance, Selcom Paytech Tanzania is the Majority shareholder.

A representative from the Board, Tusekile Kibonde giving her remarks on behalf of the Board Chair.

A group photo of The Board of Directors and Shareholders of Selcom Microfinance Bank.

Dar es Salaam - We are excited to announce a significant milestone in our journey towards better serving you, Access Microfinance Bank Tanzania Limited is undergoing a transformation. Effective from June 4th, 2024, we will proudly operate under the new name, Selcom Microfinance Bank Tanzania Limited. This rebranding reflects our commitment to evolving with the changing needs of our customers and our dedication to providing innovative financial solutions.

Selcom Paytech Limited, our majority shareholder, has been a trusted name in the financial and payment service industry for over 20 years. Renowned for pioneering advancements and reliability, Selcom Paytech has continuously been at the forefront of innovation in the country. As we transition to Selcom Microfinance Bank Tanzania Limited, we bring with us the same level of dedication, reliability, and innovation that you have come to expect.

As part of the rebranding, Selcom Microfinance Bank Tanzania Limited introduce a fresh visual identity, with core brand colors transitioning to red, white and black. While our brand look evolves, our promise to you is to deliver improved services that exceed your expectations.

From streamlined processes to enhanced product offerings, we are dedicated to making your banking experience with Selcom Microfinance Bank Tanzania Limited more convenient, efficient, and rewarding, ensuring a seamless transition for our customers, with all service centers remaining operational under existing premises.

“We understand the importance of trust and reliability in the financial services industry. The bank will continue to provide crucial financial support to micro and small enterprises, a sector that is vital to Tanzania's economic growth”, added Julius Ruwaichi, Selcom Microfinance Bank Tanzania Limited, CEO. As we embrace our new identity, our focus remains on upholding the highest standards of integrity, innovation, and customer service. We are grateful for the continued support of our customers and look forward to serving them under the Selcom Microfinance Bank Tanzania Limited brand.

By the laws governing the country, it should be clear that, this change does not affect any rights or obligations of the bank or render defective any legal claims/proceedings by or against its stakeholders, everything will be moving from Access Microfinance Bank Tanzania Limited to Selcom Microfinance Bank Tanzania Limited.

Selcom Microfinance Bank Tanzania Limited expresses its sincere gratitude to its customers, partners, and stakeholders for their unwavering support throughout this rebranding journey.

For more information about Selcom Microfinance Bank Tanzania Limited and its services, visit; Website: www.selcommfb.co.tz Telephone number 0659 074 000/ 0746 985 840.

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