Bank introduces product to empower women businesses

10Jul 2020
By Guardian Reporter
Dar es Salaam
The Guardian
Bank introduces product to empower women businesses

​​​​​​​I&M Bank Tanzania has introduced ‘Tunaweza Women Account’ which provides solutions to women in all levels from single business entrepreneurs to the institution level.

Bank’s Marketing and Communication Manager Anitha Pallangyo revealed this yesterday when speaking at the 44th Dar es Salaam International Trade Fair (DITF).

According to Pallangyo, under the bank’s Tunaweza Women Account, customers enjoy services with distinguished features such as no transaction fee, no monthly charges and very attractive interest rates.

“The product is linked to all the digital banking platforms, giving customers seamless banking experience,” she said in a statement.

Pallangyo said that I&M bank offers a wide-range of financial services—loans as well as special offers which are designed for women customers.

“As bank, we offer a number of products and services that cater for all the customer needs in the market,” she said, adding that at this year’s trade fair the bank wowed the visitors with the newly introduced I&M Tunaweza Women Account which provides solutions to women in all levels from a single individual, business entrepreneurs to the group or institution level.

The official further said: “We also offer affordable and easy to access loans with several other services which made all the visitors who visited the bank’s pavilion excited and wanted to learn more about the bank.”

Apart from participating at the trade fair the bank continues to offering services through the network of its branches located in Dar es Salaam, Moshi, Arusha and Mwanza.

The bank offers several financial services including savings account, current accounts for business purposes, business loans, forex services, national and international transfers, digital services which gives a customer opportunity to access banking services through their cell phones using USSD codes *150*32# or through iClicl the internet banking service 24/7 seamlessly,” read part of the statement.

I&M Bank Tanzania is a subsidiary of I&M Holdings Kenya, and is celebrating its ten years anniversary in Tanzania this year. I&M Holdings Limited, a publicly quoted company at the Nairobi Securities Exchange (NSE). The bank owns a rich heritage in the banking industry.