Client: World Blank, Government of Tanzania
Duration: 1999-2005
Region: Sub-Saharan Africa
Country: Tanzania
Solutions: Economic Growth
DAI began working in August 1999 to transform the National Microfinance Bank (NMB), a troubled state-owned savings bank in one of the world’s poorest countries, into a profitable commercial bank providing a full range of services to poor and middle-income customers. We focused on growing the bank’s revenue base while instituting operational improvements to create a foundation for institutional strength. With technical assistance financed by the World Bank and the Government of Tanzania, NMB’s management was restructured, new products were developed, all levels of staff were trained and retrained, and new information technology and management information systems were implemented.
RELATED CONTENT:
The Advancing Commerce Connectivity and Exports Leading to Economic Readiness for Accession to the EU (ACCELERATE) program is a regional buy-in mechanism is designed to advance EU market integration and support the EU accession of up to 12 countries, including Ukraine, Moldova, and countries across the Western Balkans and the Caucasus.
Read More