Introduction of New Internet Banking Platform for Corporate Customers

TLDR

• NMB Bank has migrated to a new-generation Core Banking System, marking the largest technology investment in its history.
• The new platform aims to support faster, seamless, and personalized banking for over 10 million customer accounts.
• NMB's previous system was introduced in 2011, when the bank had about 1.8 million customers and assets of roughly TZS2 trillion.
• The bank targets to exceed 20 million customer accounts by 2030 with the new system designed to accommodate emerging technologies.
• A new internet banking platform has been introduced specifically for corporate and institutional customers, featuring an upgraded user experience and expanded functionality.