NMB Bank Plc has been named Tanzania’s Best Bank for Small and Medium-sized Enterprises (SMEs) at the Euromoney Awards for Excellence 2026, highlighting its role in supporting businesses that drive trade, employment, innovation, and inclusive economic growth.

The award recognizes NMB's commitment to SMEs through initiatives like the NMB Agenda 2030 strategy, which focuses on developing integrated SME banking ecosystems, expanding retail and wholesale solutions, and aligning with Tanzania’s Development Vision 2050.The bank commands over 20% of Tanzania’s SME banking market and recently achieved a market cap of Sh8.1 trillion ($3 billion), making it East Africa’s most valuable listed bank.NMB also launched the SME World Business Credit Card in partnership with Mastercard to improve cash flow and formalize payments for businesses.

The recognition underscores investor confidence in NMB, which continues to invest in digital tools, advisory services, and alternative lending models to enhance access to finance for SMEs across all 31 regions of Tanzania.