NMB Bank has already spent more than 550m/- out of 1bn/- budgeted for implementing its Corporate Social Responsibility (CSR) policy in this fiscal year. NMB a leading bank in terms of profit in Tanzania is also leading by example in its Corporate Responsibility programme by supporting 6 different schools & one health center, in three
NMB Bank has already spent more than 550m/- out of 1bn/- budgeted for implementing its Corporate Social Responsibility (CSR) policy in this fiscal year.
NMB a leading bank in terms of profit in Tanzania is also leading by example in its Corporate Responsibility programme by supporting 6 different schools & one health center, in three different regions in the country with desks, chairs and roofing materials worth Tsh40 mln this week alone.
This was revealed yesterday as the bank handed over 150 desks and iron sheets to three primary schools in Kigamboni district, Dar es Salaam. Schools which benefited from the NMB’s 20m/- donation were Pemba Mnazi, Kibugumo and Gomvu, all located in Kigamboni district.
Other schools supported during the week are Ngando primary and Lagangabilili secondary located in Itilima, Bariadi where the bank also handed over 120 desks worth 10 mln. NMB will also today (19th July 2019) support Mwenge Primary School in Igunga with 170 Roofing sheets worth 5Mln. On health, NMB supported Serengeti Hospital in Serengeti District medical equipment (five hospital beds and mattresses, one delivery bed and 54 bedsheets) worth Tsh5 mln.
At the well-attended event by government officials, NMB staff, education stakeholders and wananchi, the bank’s head of Government Business Vicky Bishubo said for over past seven years, NMB Bank has been donated 1 per cent of its annual profit for funding various wananchi development projects.
“For several past years, we, NMB, have been in the forefront to finance development projects owned by citizens as part of our social responsibility.
As I’m speaking today (yesterday), the bank has already provided a donation of more than 550m/- this year,” she said.
According to NMB’s CSR Policy, the bank’s supports health sector and learning environment for young children in Tanzania by providing school desks and other learning equipment to both primary and secondary schools in the country.
Meanwhile, various government voiced their acknowledgment of NMB’s CSR drive while adding more needs to done in terms of assisting the govt in boosting service capacity in both education and health sectors.
Kigamboni District Executive Director, Eng. Ng’wilabuzu Ludigija asked other institutions and companies to borrow the leaf from NMB which supports community projects.
On his part, Serengeti district commissioner Mr. Nurdin Babu thanked NMB on its support which he said has come at the right time and that his district needs more than Tsh9 billion to complete construction of its sh 11 billion district hospital.
Some residents of Serengeti district thanked the government as well as NMB on the efforts to make sure that health services can be easily accessed in the area and that there was a need for other stakeholders to join hand so that the project can be completed as planned.
Charles Magiri said that residents of the district were in need of improved health services and he urged government to make sure it sets aside a budget that will enable the project to be completed whereby he said that by doing so government will be joining hands with wananchi of Serengeti who have been making different contributions since the construction started ten years ago.