Expansion of Maendeleo Bank's Branch Network to Six Locations

TLDR

• The award, presented by Global Banking & Finance Review, comes as Maendeleo Bank implements its 2025– 2030 strategic plan which identifies business growth, talent and culture transformation, and technology.
• DAR ES SALAAM: MAENDELEO Bank Plc has been named Tanzania’s fastestgrowing SME bank for this year highlighting its expanding business-lending strategy as the lender seeks to deepen support for small and medium.
• Maendeleo Bank Managing Director, Lomnyaki Saitabau said the recognition reflected the contribution of the bank’s SME unit and frontline staff working directly with business customers.
• This recognition belongs to our SME Unit and to frontline staff across our branch network, whose work with small and medium enterprises earned it,” he said.