Exim Bank, Tanzania’s sixth largest bank in terms of total assets and
deposits, has continued to embark on its expansion programme, this time opening
a branch in Kigoma.
The new branch brings the bank’s network coverage to 23 outlets across
the country and two branches outside the country - in Comoros and Djibouti.
Speaking during the launch of the branch, Exim Bank
Director Hanif Jaffer noted that the expansion programme is part of its
excellence strategy to bring the banking service closer to the people.
"The bank seeks to bring unmatched banking services closer to the
people at the grassroots level within and outside the country. Now, we are in
Kigoma to support a Tanzanian gate-way to Burundi and DRC Congo," he
said.
Mr Jaffer said the bank has now set its focus on Small and Medium
Enterprises (SMEs) since the segment plays a very important role on the
economic growth.
He said that empowering SMEs with timely financial support would not
only ensure growth in people’s business but improvement in their standards of
living as well.
“We have opened up a new branch in Kigoma in a bid to bring our
unrivaled services closer to the people of Kigoma and neighbouring towns.
Research has indicated that 85 per cent of Tanzanians are still unbanked,” he
said, adding:
“We believe our new branch will help in narrowing the gap and customers
can look forward to tailor-made products our bank offers,” Jaffer said.
He said
the bank’s ambitious vision is backed by its board of directors and customer
support.“The bank is focused to being the preferred bank by choice in the next
few years to come.
It is this vision that has made us achieve so much in our 15 years of
existence. We have even dared to go places where no local bank has gone. My
assurance is that we will continue to be the leaders in innovation providing
tailor-made banking products,” Jaffer added.
Source: The Daily News,http://www.dailynews.co.tz
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