ABSA BANK TANZANIA DONATES TSHS 10 MILLION TO SUPPORT PACT WASH PROJECTS - Serious Business

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Saturday, October 24, 2020

ABSA BANK TANZANIA DONATES TSHS 10 MILLION TO SUPPORT PACT WASH PROJECTS

Absa Bank Tanzania Director of Finance, Obedi Laiser (second left), hands over a dummy cheque for TShs 10 million to Pact Tanzania Country Director, Marianna Balampama in Dar es Salaam yesterday. Looking on from left are; Absa Bank Marketing and Corporate Relations Head, Aron Luhanga and the bank's Acting Corporate Director, Nellyana Mmanyi.

Absa Bank Tanzania has donated TShs 10 million to Pact Tanzania in support of WASH projects post the pandemic Covid 19.

Speaking about the donation, the bank’s Finance Director, Mr. Obedi Laiser, said “We realize that this has been the most difficult time for most of our communities and businesses whose financial means are being negatively affected. As such, being responsible financial partners we are happy to support our communities through Pact Tanzania in order to continue bringing their possibilities to life despite the present challenges.

The bank’s Head of Marketing and Corporate Relations, Mr. Aron Luhanga added by saying “Our passion for our communities is as strong as ever and our commitment to serve and protect them is unwavering. This is why we continue to invest in their wellbeing as we adhere with the guidelines and protocols set out by the Ministry of Health”.

Along this donation, the bank’s Acting Corporate Director, Ms. Nellyana Mmanyi said, “apart from this donation, Absa Bank Tanzania implemented a payment holiday programme to its customers spanning across Retail, Business Banking, and Corporate and Investment Banking segments.

The comprehensive debt relief programme was a three months’ loan repayment holiday, which comes alongside other efforts initiated by the bank to support its customers amidst covid19 pandemic. The programme, which started in April, was being conducted in full compliance with the Bank of Tanzania regulatory requirements.

For more information, please contact: 

Aron Luhanga
Head, Marketing & Corporate Relations
Absa Bank Tanzania Limited
+255 768 221 717

About Absa Bank Tanzania

Absa Bank Tanzania Limited is a leading commercial bank in Tanzania that currently boasts a network of 15 branches and 62 ATMs strategically located Tanzaniawide – 21 at all our branches and 49 offsite.

The Bank is a wholly owned subsidiary of Absa Group Limited.

Absa Bank Tanzania Limited, (registered number 38557), is regulated by the Bank of Tanzania.

About Absa Group Limited

Absa Group Limited (‘Absa Group’) is listed on the Johannesburg Stock Exchange and is one of Africa’s largest diversified financial services groups.

Absa Group offers an integrated set of products and services across personal and business banking, corporate and investment banking, wealth and investment management and insurance.

Absa Group has a presence in 12 countries in Africa, with approximately 40,000 employees.

The Group’s registered head office is in Johannesburg, South Africa, and it owns majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania (Absa Bank Tanzania and National Bank of Commerce), Uganda and Zambia. The Group also has representative offices in Namibia and Nigeria, as well as insurance operations in Botswana, Kenya, Mozambique, South Africa, Tanzania and Zambia, and an international representative office in London and soon in New York.

For further information about Absa Group Limited, please visit www.absa.africa

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