Temeke DC describes NMB Bank as true partner in development

17Jun 2021
By Guardian Reporter
Dar es Salaam
The Guardian
Temeke DC describes NMB Bank as true partner in development

NMB Bank Plc has been described as the government’s true development partners thanks to its massive investment in community projects emanating from its one percent allocation from last year over 206bn/- net profit.

NMB Dar es Salaam zone manager, Donatus Richard making remarks after presenting 576 pieces of iron sheets to worth 18m/- to Temeke district commissioner, Godwin Gondwe (seated 2nd R) for public schools in the district at a ceremony held in Dar es Salaam this week. Photo courtesy of NMB.

Temeke District Commissioner, Godwin Gondwe said in Dar es Salaam earlier this week that NMB has been in the forefront in investing in community projects such as education, health and relief aid to disaster struck communities.

“NMB has been a good corporate citizen because of the regular support which the bank has given to Temeke District and other areas of the country in support of President Samia Suluhu Hassan’s initiatives to improve people’s lives,” Gondwe said after receiving iron sheets worth 18m/- donated to three public schools in his district.

He said NMB’s through its corporate social responsibility initiative has been donating to communities even without being requested hence qualifying to be a truly public bank which targets the public in its investments.

“This bank has sent teams of officials who are going round public schools and health facilities in Temeke to sensitise people on better health practices but also scouting for areas needing support,” he added.

NMB Dar es Salaam Zone Manager, Donatus Richard commended government officials including Gondwe for supporting the bank’s business activities in the country hence enabling it to be a market leader in terms of profit making.

“It’s from such profits that we allocate one percent of the net amount to give back to the community each year,” Richard said while calling on the beneficiaries to make better use of the donated materials so that living standards should be improved.

Meanwhile NMB’s Eastern Zone Manager, Dismas Prosper donated construction materials to various public schools in Ulanga District of Morogoro Region worth 25.8m/-. Prosper said the donation is also meant to improve learning conditions but also heed government directives to invest in construction of more classrooms.

Prosper who handed over the donation to Ulanga District Commissioner, Ngollo Malenya said the bank will continue supporting state efforts to invest in education and health services. “We at NMB understand that an educated and health population is good for banking and growth,” he noted.

In remarks after receiving the donation, DC Malenya urged the beneficiaries to show appreciation to NMB by performing well in national examinations. “Let’s make better use of these donations so that they last longer and yield better results,” he advised.

Top Stories