Africa-Press – Tanzania. NMB Bank Plc has launched a banking solutions platform to help serve and empower young people, whose ultimate goal is to groom them to be financially responsible and economically productive citizens.
Named, “GO na NMB,” the government has lauded the initiative whose trade saying the youth-focused value proposition aligns with its policies and vision to constructively engage young men and women in economic spheres of the country.
Gracing its unveiling in Dar es Salaam over the weekend, the Deputy Minister in the Prime Minister’s Office Labour, Youth and Employment, Mr Patrobas Katambi, said its introduction has been timely and worth the investment.
“Youth segment is an invaluable asset and strategic human resource on which the country’s future and prosperity hinges on, hence, the need to enlighten it on money matters, engage them commercially and empower economically,” he said.
He added, “The ‘GO na NMB’ platform has all those virtues and it is an innovative scheme the government fully supports because such initiatives help us to address challenges encountered by young people,” He said that the good thing about “GO na NMB” is that it does not consider the social or economic status of any young person, adding: “They will all be served and supported equally regardless of whether one is engaged in farming, formal or informal business or they are high schools, university or college students.”
Speaking on the inauguration, NMB Bank Chief of Retail Banking, Filbert Mponzi, said they have invested a lot in the proposition that will be rolled out countrywide to help promote digital finance as Tanzania aspires to become a cashless economy.
Some of the immediate benefits of “GO na NMB” are digital enrolment, targeted deals and offers through all NMB channels, access to Masterboda loans and QR payment discounts deals. The benefits package also comprises free mobile phone insurance, financial literacy programmes as well as access to networking events, career fairs, internship opportunities and free Wi-Fi spots at some university campuses.
He further said the “GO na NMB” will offer the youth with access to customized banking and financial solutions that serve their needs. “Every child and youth has a right to safe, accessible financial services, and we need to empower them to grow into productive economic citizens,” Mr Mponzi noted, adding: This is one of many of NMB’s initiatives in response to the Government’s goal of driving financial inclusion.” With 64 per cent of Tanzanians being below 35 years, NMB Bank will through the platform reach out to and support the youth across the board. Speaking earlier, NMB Dar es Salam Zonal Manager Donatus Richard said the platform was an opportunity for the youth to leverage the bank’s empowering services for personal benefits and the development of the country. He added that the initiative was a strategic move to help broaden the customer base of the bank through productive partnerships.
