Q1 2020 Profit & Loss Account Review
Established under the National Microfinance
Bank Limited Incorporation Act of 1997,
following the break-up of the defunct National Bank
of Commerce. Three entities were formed: National
Microfinance Bank, NBC Holdings Limited and
National Bank of Commerce.
OUR HISTORY
1997
Established
2005
Rabobank
Group
&
The Government of Tanzania sold 49% to a
consortium led by the Rabobank Group. The
consortium consisted of Exim Bank (Tanzania)
Limited, National Investments Company Limited
(NICOL) and TCCIA Investment Company Limited.
The Government sold 21% of its shareholding
to the Tanzanian public through an IPO on the
DSE market. At the close of the IPO, the
Government had 31.8% stake in NMB which it
holds to-date.
2008
IPO
AGILITY
DILIGENCE
REPEAT
The Spirit of Great Banking!
2017
Name
Change
MO
The bank changed its name from National
Microfinance Bank Plc to NMB Bank Plc to
reflect the fully fledged commercial bank it has
become.
4
NMB
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