Exim Bank launches corporate center in Arusha

The Exim Bank Tanzania Board Chairman, Yogesh Manek (left) stresses a during an event held in Arusha at the weekend to launch the bank’s corporate center. Looking on at the right is the Exim Bank Arusha Corporate Center Senior Manager Hamad Said.

 The Exim Bank Tanzania Board Chairman, Yogesh Manek (left) stresses a point to the Exim Bank Head of Treasury George Shumbusho (right) during an event held in Arusha at the weekend to launch the bank’s corporate center.

 The Exim Bank Tanzania Board Chairman, Yogesh Manek (left) shakes hands with one of Exim Bank’s loyal customers Munila Mauli (right) shortly after receiving an award for her loyalty during an event held in Arusha at the weekend to launch the bank’s corporate center. Looking on at the center is the Arusha Regional Commissioner Magesa Mulugo

 The Arusha Regional Commissioner Magesa Mulugo (left) pulls down a curtain to officially inaugurate the Exim Bank Corporate center in Arusha at the weekend. Looking on at the right is Exim Bank Tanzania Board Chairman, Yogesh Manek 

 The Arusha Regional Commissioner Magesa Mulugo (left) briefs reporters shortly after the Exim Bank Corporate center in Arusha at the weekend. Looking on at the right is Exim Bank Tanzania Board Chairman, Yogesh Manek. 

 The Exim Bank Tanzania Chief Executive Officer Dinesh Arora (right) stresses a point to the Arusha Regional Commissioner Magesa Mulugo (left) during the launch of the bank’s corporate center in Arusha at the weekend.

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Exim Bank launches corporate center in Arusha

By Staff Reporter

Exim Bank Tanzania has launched a corporate center in Arusha that seeks to cater for its corporate clients needs within the region. Speaking during the launch of the center, the Exim Bank Tanzania Board Chairman Yogesh Manek said the new corporate branch reiterates the bank’s commitment to offer highest level of service to its clients across all segments.

“Our new facility will cater for all corporate clients’ needs by providing a full range of tailored corporate banking solutions in one convenient location.

“We believe the corporate center will go a long way in supporting economic activity in Arusha region among which include forestry, industrial development, mining, agro-economic zone, wildlife and natural resources as well as real estate development,” he added

Manek said the Arusha Corporate center is fully equipped and specialised to provide the broadest suite of corporate banking solutions specifically tailored to the needs of the bank’s corporate clients that include cash transfers, loans, trade finance, and treasury.

Manek said the bank is set to embark on a three year ambitious expansion strategy that seeks to enhance the bank’s service offering by expanding the bank’s branch network to 50, 100 Automated Teller Machines (ATMs) and 1000 Point of Sales (POS) across the country by the end of 2016.

“We are seriously working on installation of a very sophisticated and world class banking system that will enhance our service delivery,” he said. He said the bank will be increasing its operating profit to 50 billion shillings per year and pay up to 50 billion shillings in taxes to the Tanzanian Government.

The Exim Bank Arusha Corporate Centre Senior Branch Manager Hamad Said during the event said the branch will continuously work around the clock to enhance its service quality while providing a unique, smooth and fully integrated client experience.

“Our corporate clients will now be able to further benefit from a full range of services at a single location that is fully dedicated to meet all their needs. We are confident that our customers will realise its benefits and take full advantage of it” he said. The Arusha Regional Commissioner Magesa Mulugo during the event said Exim Bank’s corporate center comes at the right as the region braces for more investment opportunities.

“The region is set to embark on more development projects especially in the infrastructure sector, tourism and hospitality. It is my belief that the new corporate center will provide the necessary finances to support development of the projects,” Mulugo said.

He however called upon the bank to strike a balance between its corporate and Retail clients by offering the same level of service delivery.

“Service delivery for your corporate clients should go hand in hand with that of retail clients as both are equally important,” he said.