DUBAI, UAE — NMB Bank has been honored with a prestigious award for being the first bank in East Africa to introduce a special card designed specifically for Small and Medium Enterprises (SMEs).
The award recognizes NMB’s continued innovation and commitment to empowering entrepreneurs through tailored financial solutions that address the unique needs of the SME sector — one of the key drivers of Tanzania’s and the region’s economic growth.
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The award was presented in Dubai to Mr. Filbert Mponzi, NMB’s Chief Retail Banking, by Ms. Prakrithi Singh, Executive Vice President for Core Payments at Mastercard, during a high-level international ceremony.
The event was also attended by other senior NMB officials, including Mr. Alex Mgeni, Head of Business Banking, and Mr. Manfred Kayala, Senior Manager, Issuing Card Business.
This recognition further cements NMB Bank’s leadership in digital and inclusive banking, showcasing its dedication to offering innovative financial products that empower individuals and businesses alike.
Through initiatives like the SME Card, NMB continues to enhance convenience, security, and access to finance for entrepreneurs, reaffirming its role as a catalyst for sustainable business growth across Tanzania and beyond.
