Affiliates

Global Expertise Local Presence

MONEYGRAM

Being an Associate of MoneyGram- money transfer service. Exim offers person to person money transfers. MoneyGram is a fast. safe, easy, reliable and convenient way to send or receive money in minutes around the world. No money is too small to remit.

MASTERCARD

Exim Bank is the first Bank in Tanzania to issue an International Credit Card with a MasterCard tie up.

HSBC

Exim Bank enjoys a line of credit with HSBC-USA, for confirmation of letters of credits (LCs) in imports and exports. This line of credit is supporting Exim Bank in its active participation in financing procurement, processing and packing of various export crops especially coffee, cashews and cotton as well as non-traditional crops such as sesame and pulses, and also in financing procurement and distribution of agricultural inputs.

INTERNATIONAL AFFILIATES

IFC & PROPARCO

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Exim Bank has to its credit a financial tie-up with International Finance Corporation (IFC, Washington) the commercial arm of the World Bank and PROPARCO, a French Financial Agency which is dedicated to private investment financing. These two institutions have supported the first subordinated debt issue to Exim Bank (Tanzania) Limited early in March 2003. In addition, IFC is providing technical assistance for capacity building by training local staff and management and by transferring best practice SME banking skills through a twinning arrangement with a top-tier financial institution. Funding for technical assistance is being provided through the World Bank Group, Norwegian Trust Fund for Private Sector and Infrastructure

PTA BANK

As per our motive to improve further the quality of customer services and offer better financial terms to our clients, Exim Bank continued to search for the best financial solutions and better pricing for its customers. In line with this endeavor, Exim Bank received approval for a large US dollar facility for confirmation of letters of credit from PTA Bank in Kenya. Being a regional Bank, this deal was in line with the PTA's key mandate to boost trade in the sub-Saharan Africa, to enable economic growth in the region.

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