The bank has devised a unique lending approach to agribusinesses for the last six years; and gathered a wealth of experience that makes NMB more competitive and knowledgeable in agriculture value chains finance in the market than its competitors.
Current portfolio of products ranges from upstream to downstream i.e. financing from individual farmers, small, medium, large and cooperatives including agriculture input suppliers, agro processors, traders and exporters which allows agribusiness sectors to grow and create wealth for both men and women in Tanzania.
To enhance knowledge and deeper understanding of the agriculture sector; a research unit has been established within Agribusiness department. Agriculture sector knowledge, market trends and price updates for selected Agri-commodities are provided through the research unit to staff and clients.
Key to success in NMB agriculture financing has been the continuous investment in knowledge, new product innovations, and partnerships with key stakeholders, creating a tailor made pool of products that are relevant to market needs and agribusiness value chains.