AccessBank Tanzania has marked a decade of operation in the country by reaching the unbanked and underserved population thus contributing to financial inclusion.
AccessBank Tanzania’s Chairman of the
Board of Directors, Bernd Zattler said, going from establishment of
operations ten years ago to scale-up calling for improvement and change
because another 10 more years require greater accomplishments ahead.”
The journey began with one branch and a
few staff to now 13 branches across Tanzania, while loans to SMEs
hovering over 5.5bn/-. “We have grown, however, when we talk about
growth, I don’t mean in terms of space or profit.
“People ask us how we maintained or
stayed motivated through the last 10 years in a competitive industry
that is embodied with change and innovation,” the chairman said. He said
the bank over the years have a point to prove.
Naturally, Mr Zattler said “we are
deeply encouraged as a bank by our customers and their enthusiasm that
we have served over the past 10 years”. The bank said looking over the
shoulder they “truly embrace our role as a financial establishment that
we are here to serve the people,” through innovative banking services by
promoting financial inclusion.
AccessBank plan is to serve Tanzanians
and this was by no means complete since they believed that it was both
achievable and necessary. The bank started late 2007 with a single
branch but expanded to 13 branches across the country.
The bank has etched a glorious milestone
in Tanzania’s banking sector. AccessBank started in Temeke with a
single branch, five years later, an induction of six more branches
across Dar es Salaam at Lumumba, Manzese, Kijitonyama, Tabata, Mbagala
and Mkunguni.
During the first half of the decade
AccessBank introduced its first SME loans facilities. But the latter
half of the decade the bank made history as doubled the number of
outlets/branches across the country.
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