Jinsi Ya Kuangalia salio NMB mobile – How To Check the balance NMB mobile – The Bank of Tanzania, the nation’s central bank and national banking regulator, has granted NMB Bank, a commercial bank in Tanzania, a license to conduct business.
NMB Bank was a well-known financial institution as of September 2013, providing a variety of commercial banking services to private clients, small to medium-sized corporate clients, and major corporations. In terms of assets, it was Tanzania’s third-largest commercial bank at the time, after FBME Bank and CRDB Bank.
NMB Bank’s total assets were estimated to be worth TSh 4.72 trillion (US$2.212 billion) as of June 2016, demonstrating the bank’s considerable influence in Tanzania’s banking industry.
Jinsi Ya Kuangalia Salio NMB mobile – How To Check the balance NMB mobile
- Dial *150*66# on your mobile phone.
- Enter your NMB mobile banking PIN when prompted.
- Select the “Salio” or “Check Balance” option.
- Your account balance will be displayed on your phone’s screen.
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As an alternative, you can access the NMB mobile banking app by using the procedure described below:
To check your balance on NMB mobile, you can follow these steps:
- Open the NMB mobile banking application on your smartphone.
- Log in to your account using your registered username and password. If you haven’t registered for NMB mobile banking, you will need to sign up first.
- Once logged in, you will be directed to the main menu of the app.
- Look for the “Balance Inquiry” or “Account Balance” option. The exact name may vary depending on the app version or updates.
- Select the option, and the app will display your account balance on the screen.
Ownership
The shares of NMB Bank are publicly traded on the Dar es Salaam Stock Exchange, using the stock symbol NMB. Ownership of the company’s stock is distributed among various institutions and private individuals, as outlined in the table below
Rank | Name of Owner | Percentage Ownership |
---|---|---|
1 | Arise BV of the Netherlands & Norway[8] | 34.9 |
2 | Government of Tanzania | 31.8 |
3 | Private Investors via DSE | 25.0 |
4 | National Investment Company Limited | 6.6 |
5 | TCCIA Investment Company Limited | 1.7 |
6 | TOTAL | 100.0 |
History
The original National Bank of Commerce was reorganized in 1997, which is when NMB Bank first appeared. Three new organizations, NBC Holdings Limited, National Bank of Tanzania (1997), and National Microfinance Bank, were created under a law passed by Parliament. NMB Bank started up with a strong emphasis on savings accounts and a small lending portfolio.
NMB Bank underwent privatized in 2005. Up until that point, the bank’s sole owner, the Tanzanian government, sold 49% of its stock to the Dutch banking institution Rabobank. For NMB Bank, this collaboration represented a critical turning point.
The Tanzanian government subsequently reduced its ownership interest while continuing the sale process. A more diverse ownership structure was produced by the bank’s stock listing on the stock exchange as well. The “Ownership” section contains more information on the current ownership structure.