Overview

This is the first Jasiri Gender Bond impact report from NMB Bank. NMB Bank is proud to be the first in Sub-Saharan Africa Region to issue a listed gender bond, setting a new norm for generating alternative financial instruments with long-term effects.

The NMB Bank Plc is a leading financial institution in Tanzania, with over 6 million customer accounts and over 3,500 staff as of December 2022. The Bank offers various retail, wholesale, and treasury customers an appealing spectrum of financial services and products.

The Gender Bond is part of the Bank’s women’s proposition, dubbed Jasiri, which means brave in Swahili, Tanzania’s predominant language. The Jasiri Bond backs the effort of women who combat
poverty in their families and communities but are the most under-served in Sub-Saharan Africa Region