Exim Bank unveils success in 27 years of operations

By Frank Monyo , The Guardian
Published at 11:01 AM Aug 16 2024
The Chief Executive Officer of Exim Bank Tanzania, Mr. Jaffari Matundu, speaking during the celebration of the bank's 27th anniversary since its establishment in 1997. The celebration, themed '27 Years of Prioritizing You,' took place.
Photo: Exim Bank Tanzania
The Chief Executive Officer of Exim Bank Tanzania, Mr. Jaffari Matundu, speaking during the celebration of the bank's 27th anniversary since its establishment in 1997. The celebration, themed '27 Years of Prioritizing You,' took place.

Exim Bank Tanzania proudly marks its 27th anniversary, a significant milestone in the bank’s journey of growth, innovation, and customer-focused service.

With the theme "27 Years of Prioritizing You," Exim Bank reflects on its achievements and sets the stage for continued success in the years ahead. 

Speaking at the anniversary event, Jaffari Matundu, CEO of Exim Bank Tanzania, highlighted the bank’s remarkable progress since its inception in 1997. 

"Twenty-seven years ago, we embarked on a mission to transform banking in Tanzania, and today, we stand as one of the leading financial service providers in the region. Our presence extends beyond Tanzania, with branches in the Union of Comoros, the Republic of Djibouti, and Uganda," Matundu stated.

Exim Bank's commitment to innovation has been a driving force behind its success. Recently honored as the "Most Innovative Banking Brand, Tanzania – 2024" by the International Business Magazine Awards, Exim Bank has continually introduced cutting-edge solutions to enhance customer experience. 

The bank's recent upgrade to its Core Banking System (CBS) is a testament to this commitment, to improving transaction speed, accuracy, and overall customer service.

The Chief Executive Officer of Exim Bank Tanzania, Mr. Jaffari Matundu, speaking during the celebration of the bank's 27th anniversary since its establishment in 1997. The celebration, themed '27 Years of Prioritizing You,' took place at the bank's headquarters in Dar es Salaam on August 15, 2024.
In 2023, Exim Bank achieved significant financial growth, with a Profit Before Tax of 91.5bn/-, Customer Deposits reaching 2.4trn/, and Total Assets surpassing 3tr/-. 

These achievements reflect the dedication of the bank’s team and the trust placed in Exim Bank by its customers.

Looking Exim Bank aims to continue growing, expanding our reach and impact across Tanzania and beyond. 

‘We will keep innovating, finding new ways to serve our customers better and contribute to the development of the financial sector. We are committed to improving our operational efficiency, customer service, and product offerings, ensuring that Exim Bank remains at the forefront of banking in Tanzania,’ added Matundu.

Stanley Kafu, Head of Marketing and Communications at Exim Bank, reflects on their journey, "We take immense pride in our dedicated team and the valued customers we serve. It's deeply fulfilling to know that we're contributing to the growth and improvement of lives across Tanzania."

As Exim Bank celebrates this milestone, Matundu expressed gratitude to the bank's customers, shareholders, staff, and partners. "Your unwavering support has been key to our success. We are committed to continuing our journey of excellence, innovation, and growth, ensuring that Exim Bank remains at the forefront of banking in Tanzania," he concluded.

Exim Bank Tanzania's Head of Marketing and Communications, Mr. Stanley Kafo, speaking during the celebration of the bank's 27th anniversary since its founding in 1997. The event, themed '27 Years of Prioritizing You,' took place at the bank's headquarters in Dar es Salaam on August 15, 2024.