NMB bank marks history with six prestigious awards

By Guardian Reporter , The Guardian
Published at 09:05 AM May 12 2025
NMB Bank CEO Ruth Zaipuna
Photo: Correspondent
NMB Bank CEO Ruth Zaipuna

NMB Bank Plc has realized a landmark achievement for securing six prestigious awards from two renowned international bodies: London-based Euromoney and Global Banking and Finance Magazine from New Jersey, USA.

This historic recognition includes receiving the Africas Best Bank for Sustainability award, marking a pivotal moment for NMB Bank and the Tanzanian financial sector.

The Africas Best Bank for Sustainability award, presented at the recent Euromoney Private Banking Awards ceremony in London, is the first time a Tanzanian Bank has received continental recognition in this vital area that has a global impact. 

This underscores NMB Banks pioneering efforts and deep commitment to integrating environmental, social, and governance (ESG) principles into its core operations and strategic vision.

NMB Bank also received multiple accolades as a national leader in the Banking Sector by the two institutions namely: Tanzania’s Best Bank for Sustainability; Tanzania’s Best Private Bank (for the third consecutive year); Global Banking and Finance Magazine:; Safest Bank in Tanzania; Best Corporate Social Responsibility Initiative Tanzania 2025; And Best Banking CEO Tanzania 2025 (awarded to CEO Ruth Zaipuna)

Announcing these significant achievements in Dar es Salaam today, NMB Bank CEO Ruth Zaipuna hailed the recognition as a historic breakthrough for Tanzania’s financial sector. 

She emphasised that the awards represent a significant step in positioning the country as a regional leader in sustainable finance and service excellence.

“We are honoured to be recognised by Euromoney and Global Banking; Finance for our leadership in Sustainable Finance and Private Banking,” said Ms. Zaipun;

The six awards are a testament to the hard work and dedication of our teams, the trust of our clients, and our commitment to building a prosperous, inclusive, and sustainable future for our country,” she said.

At NMB Bank, she said, sustainability is not merely as a corporate obligation, but as a strategic need that drives business resilience, spikes innovation, strengthens competitiveness, and ensures long-term value creation. By embedding sustainability at the core of our business strategy, we are creating lasting value for our takeholders and delivering meaningful impact to the communities we serve.

NMB Bank has also earned the prestigious recognition as the Safest Bank in Tanzania due to its unwavering commitment to both technological advancement and in its people. 

“This award is a direct result of strategic investments in cutting-edge innovation and robust cybersecurity measures, fostering an environment where over 8.6 million customers place their confidence in NMB Bank's financial stability and the safety of their funds;

 Through relentless dedication to evolving capabilities and delivering sustained returns, we will continue to invest in technology and in our people to meet the evolving demands of our valued customers.” said Zaipuna.

Speaking about the award, Euromoneys Editor-in-Chief, Louise Bowman, said: “ NMB Bank has established itself as Tanzania’s and Africa’s leading Sustainable institution through its strategic initiatives that balance environmental responsibility, social impact, and financial growth.”

These awards underscore NMB Bank's continued dedication to creating a positive environmental and social impact while delivering world-class financial solutions that empower clients and drive inclusive economic progress. 

This recognition validates NMB Banks strategic vision for driving Inclusive Growth and Sustainable Development and expanding access to financial services for all Tanzanians.

NMB Bank remains steadfast in its commitment to upholding the highest standards of banking excellence, driving innovation, and contributing to Tanzania’s sustainable development under Zaipuna’s award-winning leadership.

Euromoney is one of the most recognised and reputable brands in banking and finance. It provides unique insights into the institutions and personalities that shape banking and drive global markets.

Its long-standing and deeply researched surveys and awards provide the benchmark for the global financial industry. Banks worldwide use the insights and expertise provided by Euromoney’s team of researchers, analysts, and journalists to assess their performance versus peers and demonstrate their outperformance to clients.

Global Business; Finance is a globally accredited Magazine based in New Jersey, U.S.A., and runs an Awards program established to recognise top-ranking individuals, companies, and organisations setting new benchmarks for performance and pushing the boundaries within the financial industry.

The combined value of these prestigious Global Banking and business awards has a global reach of 191 countries. Its readership includes Presidents, CEOS, CFOS, and Senior decision-makers within Fortune 500 companies, Major Banks, Financial Institutions, and central banks.