Absa Bank Tanzania Managing Director, Obedi Laiser (left), speaks to
journalists while announcing the bank's achievements during the year 2024. With
him is Absa’s Head of Marketing and Corporate Relations, Aron Luhanga.Recognition Highlights Bank’s Excellence in Financial Innovation,
Leadership, and Customer Focus
Absa Bank Tanzania is proud to announce its remarkable achievement of winning 11 prestigious awards in 2024. These accolades recognize the bank’s outstanding contributions to financial empowerment, innovation, and excellence in governance and customer service.
Key awards received this year include:
Fastest growing Banking Brand 2024, awarded by World Brand Magazine.
Fastest Growing SME Bank Tanzania 2024 and Fastest Growing Retail Bank
Tanzania 2024, awarded by the World Economic Magazine Awards.
Outstanding Work Supporting Women Access to Finance in Tanzania, awarded by
the Tanzania Women Industrial Awards.
MD/CEO of the Year, awarded by the Top 100 Executive List Awards.
Best Bond Dealer of the year - awarded by Dar es Salaam Stock Exchange.
Best Presented Financials 2023, awarded by the National Board of
Accountants and Auditors.
Best Improved Employer of the Year and Best in Talent Management and
Development, awarded by the Association of Tanzania Employers.
The Bank Offering the Most Friendly and Tranquil Loan Services in Tanzania,
awarded by Consumer Choice Awards 2024.
Most Preferred Convenient and Accessible Bank in Southern Africa, awarded
by Consumer Choice Awards 2024.
Absa Bank Tanzania’s stellar performance in 2024 is reflected in its strong financial results for the first half of the year. Total revenue grew by 25% to TZS 105 billion, while profit before tax surged by 65% to TZS 54 billion. With customer deposits increasing by 21%, the bank’s success demonstrates its resilience and ability to deliver sustainable growth.
The Fastest Growing Banking Brand award celebrates Absa Bank Tanzania’s remarkable progress since launched in 2020. In just four years, Absa has achieved the same level of trust and recognition as some of the local and international banks that have nearly a century of legacy in Tanzania.
This
recognition is deeply connected to Absa’s brand promise: Your story matters. It
reflects the bank’s unwavering dedication to valuing customers’ unique
journeys, creating innovative solutions, and empowering communities.
Absa Bank Tanzania Managing Director, Obedi Laiser (left), showcases one of
the awards the Bank won while speaking to journalists to announce the bank's
achievements for 2024 as well as 11 various awards they received. He is flanked
by Absa Bank Head of Marketing and Corporate Relations, Aron Luhanga.
Absa Bank Tanzania Managing Director, Obedi Laiser (third left), in a group photo with Senior Officials of the bank, showcases to journalists 11 awards the bank won in 2024 during a meeting held in Dar es Salaam over the weekend.
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