NMB Bank races to spend final penny of 1bn/- budgeted for community

03Dec 2018
The Guardian Reporter
The Guardian
NMB Bank races to spend final penny of 1bn/- budgeted for community

NMB Bank Plc is on a community projects investment spree as it seeks to spend 1bn/- allocated for the purpose this year with 110m/- worth of desks, iron sheets for a girls hostel in Mbeya, nails medical equipment donated to public health centres during the month of November.

NMB Southern Zone Manager, Janeth Shango in a jovial mood with Kivinje Secondary School students after donated 80 special laboratory chairs worth 5m/- during the weekend. Photo: courtesy of NMB.

The bank’s Head of Government Business, Vicky Bishubo said so far over 950m/- has been spend in support of various community projects in education, health and disaster relief. Over 6,000 desks have been donated to 120 public schools while construction materials, medical equipment have been donated to 60 health centres in the country.

Bishubo said while handing over iron sheets and nails to Garijembe Secondary School in Mbeya to rehabilitate a girls dormitory that the bank is committed towards supporting government efforts to improve education and health sectors.

“As a responsible corporate citizen, we also set aside a budget to help in cases of emergency because our business profits come from the community,” Bishubo noted while promising Deputy Minister of State in the President’s Office responsible for civil service, Dr Mary Mwanjelwa of continued support.

Dr Mwanjelwa commended NMB for its timely support of the education and health sectors saying an educated and health population is good for banking and economic growth. “I urge other corporations to borrow a leaf from NMB to support our education and health sectors,” Dr Mwanjelwa pointed out.

Her observations were backed by Mbeya Rural legislator, Oran Njeza who said support to his constituency will go a long way in improving the learning environment at Garijembe Secondary School.

During the weekend, NMB also donated 58 desks to Mwenge Primary School, five computers to Nanga Secondary School both in Igunga district of Tabora region. The bank also donated 80 laboratory chairs worth 5m/- to Kivinje Secondary School in Kilwa district of Lindi region. NMB also donated 50 chairs and tables to Mugabe Secondary School in Dar es Salaam.

With a profit of over 90bn/- last year, 228 physical branches, 800 ATMs and 6,000 agents, the bank remains the largest in the domestic market.

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