Absa Bank Tanzania prioritizes children’s education in alignment with the 'Your Story Matters' brand promise

Absa Bank Tanzania Head of Retail Banking, Ms. Ndabu Lilian Swere, speaking at an event where the bank also donated school supplies to orphaned children under the care of Tuyata and Watoto Wetu Tanzania orphanage centres, under the Adonai El Roi Foundation, in Dar es Salaam yesterday.

 

Absa Bank Tanzania Head of Retail Products and Strategy,  Mr. Heristraton Genesis, addressing an event where the bank also donated school supplies to orphaned children under the care of Tuyata  and Watoto Wetu orphanage centres under the Adonai El Roi Foundation, in Dar es Salaam yesterday.

 

Absa Bank Tanzania, Ms. Ndabu Lilian Swere (second from the right), handing over a school supplies bag to one of the children under the care of Watoto Wetu Tanzania, Johnson Herman, at an event organized by the bank in Dar es Salaam yesterday.

Absa Bank Tanzania  Head of Retail Products and Strategy, Mr. Heristraton Genesis (right), and the Card Unit Manager of the bank, Elfrida Mruma, collaborating in making a cake with orphaned children from Tuyata and Watoto Wetu Tanzania orphanage centres, under the Adonai El Roi Foundation, at an event where the bank also donated school supplies to the children in Dar es Salaam yesterday.

Johari Rotana Hotel  Assistant Manager, Mr.  Ahmed Said (right), handing over a school supplies bag to one of the children under the care of Watoto Wetu Tanzania, Abigael Maliki, at an event organized by Absa Bank in collaboration with the hotel for children from Watoto Wetu and Tuyata centers under the Adonai El Roi Foundation, in Dar es Salaam yesterday.

Absa Bank Tanzania Head of Insurance Unit, Mr. Sandeep Chavda (left), Head of Retail Products, Mr. Heristraton Genesis, Head of Affluent Segments,  Thereza Majinge, and the Card Unit Manager of the bank, Elfrida Mruma, taking a group photo with orphaned children from Tuyata and Watoto Wetu orphanage centres under the Adonai El Roi Foundation, after handing over school supplies at an event organised by Absa Bank in collaboration with Johari Rotana Hotel in Dar es Salaam yesterday.

 

Absa Bank of Tanzania has stated that it will continue to prioritize the educational aspirations of Tanzanian children in improving banking services related to children, especially its special account for children, the Absa Child Savings Account.

 

Speaking to journalists at an event organized for children in need from orphanages under the Adonai El Roi Foundation, Absa Bank's Head of Retail Banking, Ms. Ndabu Lilian Swere, emphasized that this aligns with Absa's overarching goal of empowering Africa and Tanzania's Tomorrow, Together, One Story at a Time, in line with its new brand promise, 'Your Story Matters.'

 

"Children have many dreams in their lives, some aspire to be doctors, lawyers, corporate leaders, or political leaders. We value our children's stories, and Absa is here to support them in fulfilling their educational dreams," said Ms. Ndabu.

 

"Absa provides banking services for various groups, and through these services, we also enable the stories of parents or guardians of these children to fulfill their various economic narratives."

 

"This is not the first time Absa has volunteered to help the community. Recently, we assisted prematurely born children, and we will also look into other better ways to help them," added Ms. Ndabu.

 

Speaking about the bank's child savings account,  the Head of Retail Products and Strategy at Absa Bank Tanzania, Mr. Heristraton Genesis, mentioned that the account has no monthly fees and can accrue interest even twice if no withdrawals are made within three months.

 

"In demonstrating Absa Bank's commitment to enabling children's dreams, we offer double interest on the amount held within the account for three months to help children fulfill their educational dreams."

 

"It is easy to open this account; the requirements include the parent or guardian's national identification, the child's birth certificate, or any identification from the child's school, the account can be managed using our digital services without the need to visit bank branches," said Mr. Genesis.

 

Meanwhile, the Founder of the Adonai El Roi Foundation, Ms. Ngole Melaisho, stated that their main goal as a non-governmental organization, among other things, is to eradicate poverty in these centers.

 

"Our institution aims to closely monitor these children so they can develop their dreams by nurturing the talents within them."

 

"I would like to encourage Tanzanians to continue supporting these centers and to increase their love for these children so they can achieve their goals," added Ms. Ngole.