NMB To Make Sure Songwe Region Grows Economically Through Investment



NMB Bank’s Chief Officer for Individual Customers, Small and Medium Businesses, Filbert Mponzi addresses the participants at an investment forum held at Vwawa grounds in Songwe region.
The Minister of State in Prime Minister’s Office in charge of investment, Angela Kairuki has told domestic and foreign investors to use opportunities that are available in Songwe region especially the agricultural sector for the improvement of the region’s economy and the country at large.
During the launch of the investment workshop held in Songwe region, Mbozi district yesterday, Kairuki said that the region has many business opportunities which have been planned by the regional leaders so as to place the region among the top growing investment destinations in Tanzania.
On the other hand, NMB Bank’s Chief Retail Banking Manager, Filbert Mponzi said that the bank which is the main sponsor of the workshop, has already provided nearly Tsh.22 billion to the region in support of agricultural sector especially coffee, maize and other products.
Mponzi added that; “This year, NMB Bank has already started to open special bank accounts for farmers something which will be a plus for the government through the  agricultural ministry to pay those farmers through their accounts after selling their agricultural products.”
According to Mponzi, NMB Bank has started to provide loans with low interest rates to entrepreneurs for the aim of improving their business.
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Minister of State in the Prime Minister’s Office in charge of Investiments, Angela Kairuki hands over a certificate of participation to NMB Bank’s Chief Officer for Individual Customers, Small and Medium Businesses, Filbert Mponzi held at Vwawa grounds in Songwe region. NMB bank was the official sponsor of the event.