NMB Bank’s agriculture funding soars to Sh1.6 trillion

NMB Bank’s Chief exectuvie officer, Ruth presents a dummy cheque to vice chairperson of the Association of Local Governments in Tanzania (ALAT), Sima Constantine Sima (centre). NMB donated Sh120 million as sponsorship for the ALAT annual general meeting taking place in Zanzibar. Looking on (left) is NMB’s Chief Wholesale Banking responsible for Large Corporate customers and business, Transactional business, Government, and International Trade, Alfred Shao. On the right is NMB Zanzibar’s Commercial Manager, Naima Said Shaame and acting ALAT executive secretary, Mohammed Maje. PHOTO | COURTESY

What you need to know:

  • NMB’s engagements in national development also include corporate social investment, with at least Sh8 billion set aside for 2024.