ACCESS BANK MARKS A DECADE OF SUCCESS

Access Bank Tanzania has marked a decade of operation in the country by reaching the unbanked and undeserved population thus contributing to financial inclusion.

AccessBank Tanzania’s Chairman of the Board of Directors, Bernd Zattler said, going from establishment of operations ten years ago to scale-up calling for improvement and change because another 10 more years require greater accomplishments ahead.”

The journey began with one branch and a few staff to now 13 branches across Tanzania, while loans to SMEs hovering over 5.5bn/-. “We have grown, however, when we talk about growth, I don’t mean in terms of space or profit.

“People ask us how we maintained or stayed motivated through the last 10 years in a competitive industry that is embodied with change and innovation,” the chairman said. He said the bank over the years have a point to prove.

Naturally, Mr Zattler said “we are deeply encouraged as a bank by our customers and their enthusiasm that we have served over the past 10 years”. The bank said looking over the shoulder they “truly embrace our role as a financial establishment that we are here to serve the people,” through innovative banking services by promoting financial inclusion.

AccessBank plan is to serve Tanzanians and this was by no means complete since they believed that it was both achievable and necessary. The bank started late 2007 with a single branch but expanded to 13 branches across the country.

The bank has etched a glorious milestone in Tanzania’s banking sector. AccessBank started in Temeke with a single branch, five years later, an induction of six more branches across Dar es Salaam at Lumumba, Manzese, Kijitonyama, Tabata, Mbagala and Mkunguni.

During the first half of the decade AccessBank introduced its first SME loans facilities. But the latter half of the decade the bank made history as doubled the number of outlets/branches across the country.