Trust Merchant Bank or TMB, is a commercial bank based in the Democratic Republic of Congo (DRC), with its headquarters located in Lubumbashi. The bank began operations in 2004. TMB operates in all sectors of the local banking market, including in retail banking, SME banking, corporate banking, and mobile banking.
The bank is regulated by the Central Bank of Congo and is a member of the Association Congolaise des Banques.
Overview
Trust Merchant Bank is one of the DRC's largest banks as measured by regulatory equity, total assets and turnover. As of 31 December 2022, total assets were in excess of US$1.7 billion, equivalent to approximately 12 percent of total bank assets in the DRC. TMB is a member of the SWIFT interbank network (TRMSCD3L) and is also a principal member of MasterCard, and Visa.
Bank characteristics
Trust Merchant Bank has several unique characteristics:
- TMB was the first Congolese financial institution to launch a proprietary mobile banking service.[1]