PROJECT

Projects

Summary of Investment Information

Project Number

50672

Company Name

NMB BANK PLC

Date SPI Disclosed

May 19, 2026

Country

Tanzania

Region

Africa

Projected Board Date

Apr 2, 2026

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Jul 4, 2026

Department

CF3EA - Regional Industry - FIG Africa/FIG East Africa

Industry

Financial Markets

Previous Events

Approved : Apr 2, 2026
Signed : Apr 30, 2026
Invested : Jun 25, 2026

Sector

Commercial Banking - General

Additional Project Attributes

Blended Finance

Project Description

The proposed project is an up to US$100 million equivalent senior Tanzanian Shillings (“TZS”)-linked loan denominated in TZS to NMB Bank Plc (“NMB” or the “Bank”), the second largest bank in Tanzania with a 23% market share, with a maturity of up to five years, including a two-year grace period. The project will be included in the micro, small and medium enterprises (“MSME”) Finance Platform which is supported by a pooled first loss guarantee (“PFLG”) of up to US$40 million provided by International Development Association (“IDA”) 20 Private Sector Window Blended Finance Facility (“IDA20-PSW-BFF”) allocated to the small and medium enterprises (“SME”) Envelope under the MSME Finance Platform. Of the total project size, up to US$40 million will benefit from first-loss credit enhancement under the SME Envelope, while the remaining portion of US$60 million will be processed on a standalone basis. The proceeds will support NMB's lending strategy to expand access to finance for MSMEs, including a 20 percent target for women-owned MSMEs (“WMSMEs”) (the “Project”).

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation