The Board and Management of Access Bank Tanzania, led by its 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 conferred in recognition of President Samia’s exceptional leadership, commitment to inclusive governance, and her significant contributions to both national and regional development.
Speaking during the presentation, Protase Ishengoma 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 the Access Bank Group.”
He further noted: “We are proud to align with Your Excellency’s vision by expanding access to finance, supporting local businesses, and empowering women and youth.”
During the visit, Access Bank Tanzania also highlighted its achievements since entering the market through the acquisition of African Banking Corporation (BancABC) in 2024, and more recently, the Consumer, Private, and Business Banking portfolios of Standard Chartered Bank Tanzania in 2025.
Key performance milestones include:
- Total assets increased from TZS 270 billion to TZS 519 billion
- Customer deposits rose from TZS 173 billion to TZS 370 billion
- Loan portfolio expanded from TZS 160 billion to TZS 272 billion
- Non-performing loans declined from 4.3% to 3.7%
- Profit recovery from a TZS 2.4 billion loss to a TZS 1.6 billion profit in H1 2025
Access Bank Tanzania reaffirmed its commitment to the Tanzanian government’s development priorities, particularly in the areas of financial inclusion, gender empowerment, SME growth, and youth engagement.
Seyi Kumapayi, Executive Director, African Subsidiaries at Access Bank, commented: “We are proud of the progress Access Bank Tanzania has made in such a short period. Our growth reflects our strong alignment with national priorities and our mission to drive sustainable impact across the communities we serve.”
The Bank also highlighted several flagship initiatives, including: The W-Initiative, Womenpreneur Pitch-a-Ton Africa, Expansion of agent banking networks, Promotion of digital financial services and Financial literacy engagements such as Global Money Week.
Aligned with its sustainability agenda, Access Bank Tanzania continues to play a vital role in job creation, SME financing, and local industry support. Notably, it partners with local firms such as Flight Link Limited, contributing to enhanced connectivity and economic integration.
The Power of 100 Africa Women Award is a Pan-African platform supported by the Access Bank Group, celebrating outstanding female leaders who are driving sustainable development across the continent. Past recipients 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.