Access Bank Tanzania Honours President Samia Suluhu Hassan for Outstanding Leadership

Access Bank Tanzania has officially honoured President Samia Suluhu Hassan for her exceptional leadership and contribution to national development. The award ceremony recognized her unwavering commitment to economic growth, women empowerment, and inclusive governance in Tanzania.

ProbitasReport

Jul 28, 2025 - 09:01

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Access Bank Tanzania Honours President Samia Suluhu Hassan for Outstanding Leadership

L-R: Mrs. Genrose Tabaro (Non-Executive Director), Dr. Janet Lekashingo (Non-Executive Director), Mr. Protase Ishengoma (Board Chairman), President Samia Suluhu Hassan, Mr. John Imani (Managing Director), Dr. Hassan Abdullahi (Deputy Managing Director), Mr. Abdulrahman Nkondo (Head, Public Sector), after the President received the prestigious Power of 100 Africa Women Award from Access Bank Group…recently.

PRESS RELEASE

Access Bank Tanzania Honours President Samia Suluhu Hassan for Exceptional Leadership

Lagos, Nigeria – July 22, 2025: The Board and Management of Access Bank Tanzania, led by Chairman Protase Ishengoma, paid a courtesy visit to the State House to present the Power of 100 Africa Women Award to Her Excellency, President Samia Suluhu Hassan, President of the United Republic of Tanzania.

The award was presented in recognition of President Samia’s exceptional leadership, commitment to inclusive governance, and contributions to national and regional development.

Speaking during the presentation, Protase Ishengoma, Chairman of Access Bank Tanzania, stated: “This award is a recognition of Your Excellency’s transformational leadership and your unwavering dedication to building an inclusive and prosperous Tanzania. We are honoured to present this on behalf of Access Bank Group.”

“We are proud to align with your excellency’s vision by expanding access to finance, supporting local businesses, and empowering women and youth,” added Ishengoma.

Access Bank Tanzania also used the occasion to highlight its milestones following its market entry through the acquisition of African Banking Corporation (BancABC) in 2024, and the Consumer, Private, and Business Banking portfolios of Standard Chartered Bank Tanzania in 2025.

Key indicators include: Total assets growth from TZS 270 billion to TZS 519 billion; Customer deposits increased from TZS 173 billion to TZS 370 billion; Loan portfolio expansion from TZS 160 billion to TZS 272 billion; Non-performing loans reduced from 4.3% to 3.7%; and Profit recovery from a TZS 2.4 billion loss to a TZS 1.6 billion profit in H1 2025.

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Access Bank Tanzania reaffirmed its commitment to the government’s development priorities, particularly financial inclusion, gender empowerment, SME growth, and youth engagement.

Seyi Kumapayi, Executive Director, African Subsidiaries, Access Bank, added: “We are proud of the progress Access Bank Tanzania has made in such a short time. Our growth reflects our strong alignment with national priorities and our mission to drive sustainable impact across the communities we serve.”

Access Bank Tanzania also highlighted its flagship initiatives including the W-Initiative, Womenpreneur Pitch-a-Ton Africa, expansion of agent banking, digital financial services, and support for financial literacy through engagements such as Global Money Week.

In line with its sustainability agenda, the Bank emphasized its role in job creation, SME financing, and support for local industries including partnerships with firms like Flight Link Limited, contributing to improved connectivity and economic integration.

The Power of 100 Africa Women Award is a Pan-African platform supported by Access Bank Group, celebrating female leaders advancing sustainable development. Past awardees include Her Excellency Dr. Netumbo Nandi-Ndaitwah, President of Namibia; Her Honour Mutale Nalumango, Vice President of Zambia; and Her Excellency Judith Suminwa, Prime Minister of the Democratic Republic of Congo.

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