Dar es Salaam. NMB Bank Plc has launched a savings promotion offering prizes worth more than Sh600 million, in a campaign aimed at encouraging Tanzanians to save through its accounts.
The three-month promotion, dubbed ‘Bonge la Mpango -Weka Ushinde 2026′, will run from November 1, 2026, to January 31, 2027, giving customers an opportunity to win various prizes as they build their savings.
Speaking at the launch on Tuesday, November 3, 2026, NMB Bank’s chief of retail banking Mr Filbert Mponzi, said the campaign was also intended to promote a savings culture among Tanzanians.
He said saving would help individuals prepare for financial obligations and emergencies instead of relying on loans carrying high interest rates.
“We are approaching December, a month everyone knows well. December has its festivities, while January comes with school fees, uniforms, rent and plans for the new year, 2027,’ he said.
Mponzi added. ‘Those who save today will enter January with peace of mind. We all know that saving is not easy because the money we earn is committed to many competing needs’.
He noted that household income was often spent on family needs, children’s school fees, business capital and daily expenses, leaving many people with limited reserves when unexpected financial needs arose.
“When emergencies arise, many of us are forced to borrow at high interest rates to address immediate needs,” he said.
NMB’s head of sales and branch network Mr Donatus Richard, said customers benefited from holding accounts with the bank, including access to loans without having to visit a branch or complete physical paperwork.
He cited the bank’s ‘Mshiko Fasta’ facility, which offers loans of up to Sh5 million, among the services available to customers.
Mr Richard urged Tanzanians to continue using the bank’s services.