NMB REITERATES COMMITMENT TO ENHANCING TANZANIA - COMOROS TRADE RELATIONS

NMB Bank has reiterated its commitment to continue enhancing Tanzania – Comoros relations as part of the lender’s commitment to enhance the trade volume between the two countries.

Speaking during the 49th Independence Day anniversary organized by the Embassy of Comoros in Tanzania sponsored by NMB Bank, the NMB Bank’s Head of Marketing, Communications and Corporate Affairs Department, Rahma Mwapachu said the bank cherishes the country’s shared values and heritage.

“NMB Bank has a good relationship with the Embassy of Comoros. We are optimistic that this relationship will grow stronger and shall open other opportunities,” she said.

Mwapachu said the bank is committed to offer exceptional and innovative business models ensuring value creation and sustainable returns to its customers.

“The Embassy of Comoros has benefited from our tailor-made solutions including digital visa payments, special institutional accounts and tailor-made financial solutions,” she said.

The guest of honor, Minister of Tourism and Heritage of the Revolutionary Government of Zanzibar, Hon. Mudrick Ramadhan Soraga during the event said the Tanzania Government will continue working closely with the Government of Comoros to further and cement close ties for the mutual benefit of the nation.

He said the trade volume between Tanzania and Comoros has increased from $6.75 million in 2001 to $54 million in 2023.

“This has made Tanzania to be Comoros’s main trading partner,” he said.