NMB, Mantrac to ease equipment financing for miners, contractors
NMB Chief of Retail Banking Filbert Mponzi (right) and Mantrac Business Planning and Operations Director for East Africa Region, Levite Dongmo, sign the agreement in Dar es Salaam at the weekend. PHOTO | COURTESY
Dar es Salaam. NMB Bank Plc and Mantrac Tanzania Limited have signed a partnership to improve access to financing for machinery and equipment used in mining, construction, infrastructure, energy and manufacturing.
The agreement combines NMB's financing capacity and nationwide network of more than 250 branches with Mantrac Tanzania's expertise in supplying and servicing Caterpillar equipment, including mining and construction machinery and power generators.
