I&M Bank focus on business strategy, growth momentum

I&M Bank Tanzania has said it is upbeat to realise its business strategy to help the bank maintain growth momentum.

The I&M Bank (T) Limited new Chief Executive Officer, Mr Zahid Mustafa said during the event that brought together customers and the board of directors that, I&M Bank is among the few banks that have continued to be strong and grow in terms of customer base, deposits, as well as total assets.

I am also confident to say that the bank will continue to implement its business strategy and ensure that it keeps the momentum of growth,”

He said while introducing the new service, ‘Select Banking’ that, “This new service includes several exclusive benefits, including access to more than 1,200 airport lounges worldwide, as well as access to Visa Luxury Hotel Collection properties,”

He said the bank is still doing better under ‘Custodial and Investment services’ as “we have extended the service to East and SADC countries. The I&M Bank is an inclusive bank that caters to many clients at all levels, and it is with this regard the bank introduced a digital lending service,”

“We have introduced “I&M Bancassurance.” Now I&M Bank is a one-stop-shop financial institution that better understands our customers’ banking needs.

We have placed customers’ needs first in all our innovations by ensuring that we serve our client’s insurance needs and ensure they are provided with adequate insurance knowledge,”