Exim Bank Tanzania deepens financial inclusion with new Dodoma branch
Exim Bank Tanzania has proved its commitment to strengthening financial inclusion in Tanzania by launching a new branch in the Dodoma region of Tanzania. This new expansion will increase the presence of Exim Bank to a total of thirty-three branches across the country.
Speaking at the official launch Fredrick Kanga, Exim Bank Tanzania Head, Human Resource said, “The expansion is part of our strategy to grow the Bank's distribution footprint at locations that bring us closer to our customers, while offering a refreshing banking experience. The branch will offer a full range of banking services such as retail products, investment services, and corporate payment solutions.”
The Dodoma branch, which is located inside the University of Dodoma, will serve the captive clients of University of Dodoma, which consists of over 25,000 students, 2000 employees and over 8 Government Ministries who have moved there. It will also serve the Dodoma City clients, as the branch is only 5 to 7 minutes’ drive from the city centre.
The Regional Commissioner of Dodoma, Mr Jodan Rugimbana commended Exim Bank Tanzania for its commitment adding “We are pleased to have Exim Bank’s presence in the capital of Tanzania, so as to develop a more inclusive financial system that provides greater access to financial products, services and capital to the communities and individuals of Dodoma.”
The bank, which was recognized as Tanzania’s Best Retail Bank by Banker’s Africa East Africa 2017, is celebrating 20 years of success, growth and pioneering into new markets across the continent.
Exim Bank is a privately held local Tanzanian bank which has presence in 4 countries and it is Tanzania’s first international bank. Since welcoming our first customers in Samora Branch, Dar es Salaam, in 1997, Exim Bank has continued to expand its national and regional reach.
Exim Bank has over the years leveraged on the underlying resilience to grow our asset base and to successfully expand our reach. The Bank’s operations span Dar es Salaam, Zanzibar, Tanga, Morogoro, Kilimanjaro, Arusha, Manyara, Mwanza, Shinyanga, Kigoma, Iringa, Mbeya and Mtwara regions in Tanzania and overseas subsidiaries in the Anjouan, Moheli and Moroni Islands of the Union of Comoros, in the Republic of Djibouti and Uganda– an international presence unmatched by other Tanzanian banks.
The Bank has had significant breakthrough innovations through the deployment of world class technology and customer focused products. It is the first bank in Tanzania to introduce Credit Cards, Exchange Traded Retail Bonds, and an ISO certified in-house training academy.
It also pioneered Mobile ATM facility solutions, 24/7 Banking area in select branches with Cash Deposit Machine facility and an exclusive financing scheme for women in Tanzania.
Last year Exim Bank posted a pre-tax profit of TSh 83.3 billion making it the 4th biggest bank in terms of assets in Tanzania. Within a short span of 20 years of its existence, the bank has built a strong brand through its geographical reach, innovative products, relationship management and its ability to provide a faster turnaround in services.