Within a short span of 18 years, we have built strong brand equity through our geographical reach, innovative products, relationship management and ability to provide a faster turnaround in services. As at 31st December 2014, Exim Bank ranks among the top 10 banks in the country in terms of total assets.
Our pursuit of excellence has taken us even across borders. As the first bank in Tanzania to have established a banking footprint overseas – Union of Comoros (2007) & Republic of Djibouti (2011) – we are going a long way towards helping instil confidence in the financial circumstances of everyone we interact with.
Having opening up our 2nd mini branch model in Zanzibar – after establishing a presence in Kariakoo, Dar es Salaam – the count of total B&M prints stands at 29 within Tanzania and 36 across all territories. Central to our expansion is a desire to remain in the forefront of providing quality banking services in the country.
Our vision is to be the most preferred local bank in Tanzania. By providing best innovative banking services at par with international standards, we can bring our vision to fruition.
Over the years, Exim Bank has led the way through innovation and foresight to establish itself as one of the most forward-thinking banks in the country. Listed here below are some of our many firsts that bear testimony to the same.
- 1st bank to introduce credit cards in Tanzania
- 1st bank to have established a footprint overseas
- 1st bank to launch mobile applications for smartphones in Tanzania
- 1st bank to introduce mobile ATMs in the country
- 1st bank to introduce an exclusive financing scheme for women
With a view to supporting long-term foreign currency lending to SMEs, we have formed and grown strong financial relationships with global developmental financial institutions such as IFC, PROPARCO, NORFUND, DEG and FMO. We also address the ever-increasing international business needs of our customers through strategic collaborations with:-
- Citibank NA
- Commerzbank AG
- Deutsche Bank AG
- Deutsche Bank Trust Company Americas
- CFC Stanbic Bank Ltd
- Axis Bank Ltd
- YES Bank Ltd
- Afrasia Bank
- Nedbank Limited
At Exim Bank, we remain the only member bank from Tanzania to join the Global Banking Alliance for Women, a worldwide group of banks that shares best practices in order to accelerate the global growth and development of women businesses.
Central to our core business is the provision of commercial banking solutions to retail, mid and large corporates through a wide range of innovative products of international standards across verticals. Corporate & retail lending, deposits, payment solutions, foreign exchange operations, cash handling services and ancillary services are some of these solutions.
Our Total Asset as at 31st December 2014 stood at TSH 1.1 trillion (USD 564 Mi0). The PAT for 2014 is TSH 18.5 billion (USD 9.8 Mio) representing 52% growth compared to 2013.
Exim Bank was promoted by five shareholders of whom three are resident citizens of Tanzania and are represented on the board. We are also strengthened by four independent directors with varied and rich experience in banking and corporate governance.
As an indigenous bank, we owe our sustained growth and brand image to a deep knowledge of the local market & the operating environments, strong management bandwidth and an ability to provide faster decision.
STRATEGIC VISION THROUGH TRANSFORMATION
Inspired by our vision to grow into a strong regional bank with best international practices, we have teamed up with some of the best advisors globally to assist on processes, technology, centralization and enterprise-wide risk management.
Overall, Exim Bank is on the cusp of a major transformation from being an indigenous bank to a strong regional player. Our medium-term vision is to be the leader in payments & transactions as also to be a preferred choice for businesses.
Some of our coveted recognitions include "No. 1 in Customer Care – by KPMG", a shortlist for "FT Sustainable Bank of the Year for Middle East & Africa" and also being recognised by NBAA, the local accounting body for "Best Presented Financial Statements".