NMB, Mastercard launch new credit card for SMEs
Tanzania, June 27 -- Arusha. NMB Bank, in partnership with Mastercard, has launched the NMB SME World Business Credit Card, a digital payment solution designed to support small and medium-sized enterprises (SMEs) through short-term financing, improved cash flow management and wider participation in the digital economy.
The card was unveiled on June 26, 2026, in Arusha during the NMB Business Executive Network Forum, which brought together banking executives, business owners and other key stakeholders from Tanzania's private sector.
The initiative seeks to widen access to financial services for SMEs, which remain a key pillar of Tanzania's economy. Under the facility, qualifying businesses will be eligible for credit of up to Sh50 millio...
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