NMB Bank Plc reposted this
In 2021, NMB Bank Plc embarked on a transformative journey, envisioning a strategic roadmap that would not only guide our trajectory but also define our identity in a competitive landscape. We asked ourselves some critical questions about who we wanted to be and how we could truly serve our clients. The answers guided us to five core principles: putting our clients and our people first, delivering distinct value, prioritizing operational efficiency, strong corporate governance principles, embracing sustainability principles and long term view in everything we do, and a culture driven by a high performing, ethical and engaged workforce. Today, as we unveil our Q3 2024 financial results, I am proud to share that our strong performance across all metrics is a testament to the success of our transformative journey. This achievement reflects not just numbers, but our dedication to sustainable growth and the enduring value we create for all stakeholders. We firmly are what we envisioned - ‘𝗔 𝗣𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲 𝗗𝗿𝗶𝘃𝗲𝗻, 𝗮𝗻𝗱 𝗣𝘂𝗿𝗽𝗼𝘀𝗲 𝗟𝗲𝗱 𝗢𝗿𝗴𝗮𝗻𝗶𝘀𝗮𝘁𝗶𝗼𝗻’: ➡️ Sustained Revenue Momentum: TZS 1.2 Trillion (up 18% YoY) ➡️ Historic Profitability Levels: TZS 687 PBT (up 21% YoY) ➡️ Solid Efficiency Gains: 37% CIR ➡️ Strong Portfolio Quality: 3% NPL I want to extend my heartfelt gratitude to our dedicated staff whose hard work fuels our progress, and to our customers, regulators, and stakeholders for their continued support. As we approach the final quarter of the year, our commitment remains steadfast: to create long-term value for our shareholders while driving inclusive and sustainable #socioeconomic growth for our nation and its people. Thank you all for choosing NMB Bank Plc as your trusted financial partner. #NMBCloseToYou #SustainableGrowth #FinancialResults #TrustedPartner #PurposeDriven
Madam CEO we're committed towards reaching the magic numbers 2024 Thank you for reading the incredible team player . Moreover. We're vigilant interms of control to safeguard what we have already Nmb Sisi ni huduma # I am the change Great thanks to our loyal customers Here we go another yet year 2025 God bless Nmb Bank Plc Congratulations Ruth Zaipuna
Secret is out! I am thrilled of what you are achieving Madam Ruth personally and all the team behind all success stories. Kongole everyone!.
Brilliant performance by a great bank, led by an incredible CEO, Ruth Zaipuna! 👏🏻👏🏻👏🏻
Congrats Ruth! The success of NMB cannot be mentioned without your leadership. You have been putting people agendum front in all that you do. Same is paying now as the results we celebrate today are the outcomes of all your vision and resilience you deploy in this journey. Yes, your focus has been to see NMB remaining relevant, impactful and sustainable. It is not easy but with strategic focus the desireble ends are possible. As NMB family, we are motivated and focused towards same end. Congratulations for setting standards in banking sector and make NMB the college every bank would wish to come and learn!
Congrats Ruth! may lord sweep your way out from evils
Wow! Wow! Solid performance indeed. And not a surprise. Such a performance is a testmony of a grand wisdom: Performing by Design (not by default) with the end in mind always pays. It is God class afterall. (Isaiah 46:9-10). Congrats to the entire NMB Bank Plc Team!
NMB Bank Plc's transformative journey, initiated in 2021, has effectively redefined its strategic vision and operational framework, leading to impressive financial outcomes as of Q3 2024. By focusing on five core principles—client-centricity, distinct value delivery, operational efficiency, sustainability, and a high-performance culture—the bank has not only enhanced its market position but also demonstrated resilience and adaptability in a competitive landscape. The reported growth in revenue and profitability, alongside strong efficiency metrics and portfolio quality, underscores the success of this strategic roadmap. As NMB Bank continues to prioritize long-term value creation and socioeconomic growth, it sets a compelling example for other institutions aiming for transformative success. Big Congratulations to you Madam CEO Ruth Zaipuna and the entired NMB team
Congratulations! Keep growing
Non-performing loans ratio at 3% in the Bank with trillions portfolios? These are miracles . Hongera sana Madam,unaupiga mwingi sana. Customer deposits ni eneo ambalo linawafanya muwe very stable. Can you imagine kwamba Total assets ni 13.4trillion halafu deposits ni 9.2 Trillions? Haya ni maajabu mengine. Wanawake mnaweza bila kuwezeshwaaaaa!
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1moCongrats Ruth Zaipuna and the entire NMB Bank Plc team for the back-to-back solid performance. No doubt ypur leadership and strategic vision have clearly made a significant impact, driving impressive results and positioning the bank for continued success. I look forward to seeing how you build on this momentum in the last quarter to create a shared value for all stakeholders