CRDB Bank PLC Shareholders Approve TZS 10 Dividend for the financial year 2016 and retain PWC as external Auditors.

Arusha Tanzania, May 21, 2016 - Tanzania’s leading bank, CRDB Bank PLC shareholders recently approved a dividend payment of TZS10.0 per share proposed by its board during the Annual General Meeting (AGM) held in Arusha. The shareholders also retained PriceWaterhouseCoopers (PWC) as the bank’s auditors for the FY 2017. This follows the presentation of the bank’s financial performance in the 2016 FY after it posted a TZS 118.2 billion pre-tax profit.


CRDB Bank Plc Chairman of the Board, Mr. Ally Laay attributed the Bank`s performance to the consolidation and improvements of income streams.. He also pinpointed the growth in net interest income, fees and commissions coupled with strong cost management. “Despite the challenges that we faced in the year 2016, we are still focused on ensuring high shareholders return as reflected by earnings per share and partly by the dividend per share. We recommended a TZS 10.0 per share dividend and I am happy to note that the same has been approved by the shareholders,” said Mr. Laay.

CRDB Bank Named Best SME, Most Socially Responsible Bank in Tanzania

CRDB Bank Director for Marketing Research and Customer Services Ms. Tully Esther Mwambapa showing the awards that the Bank won at The Banker Africa Award, as SME Bank of the year and Most Socially Responsible Bank in Tanzania.


NAIROBI, Kenya: May 19, 2017 - Tanzania’s leading bank, CRDB Bank PLC, has been named the Best SME and the Most Socially Responsible Bank in Tanzania. The announcement was made during the Banker Africa Awards 2017, held in Nairobi, Kenya on Thursday, to recognize the reforms, rapid modernization, consolidation, integration and expansion of banking and financial sector in in the region. The Banker Africa Awards gala is the most prestigious event in Africa’s banking and finance sector, held under the banner of the African Development Bank (AfDB).

CRDB Bank Records Increase in pretax profit to TSHS 118.7 Billion despite a challenging year 2016.

CRDB Bank Managing Director Dr. Charles Kimei briefing the media about the Bank`s financial performance for the year 2016 in his office in Dar es Salaam recently. He is flanked by the Bank`s secretary Mr. John Rugambo.


Dar es Salaam, Tanzania, April 13, 2017 - Tanzania’s leading bank, CRDB Bank PLC has recorded an impressive pre-tax profit of TShs. 118.2 billion for the year 2016. The Bank`s steady performance comes despite what can be described as a difficult year, specifically the final quarter of the particular business year. Three main pillars have driven the profit namely: Superior Customer Service, innovative products and improved efficiencies. CRDB Bank Plc Managing Director, Dr. Charles Kimei attributed the impressive performance to the ‘stable foreign exchange related income, growth in net interest income and fees and commissions coupled with strong cost management’.

Customer Service Week 2016

Naibu Mkurugenzi Mtendaji wa Benki ya CRDB anayeshughulikia Uendeshaji na Huduma kwa Wateja, Saugata Bandyopadhayay (katikati) katika picha ya pamoja na maofisa ya benki ya CRDB tawi laMlimani City ikiwa ni sehemu ya maadhimisho ya Wiki ya Huduma kwa Watejana (wa tano kushoto ni Mkurugenzi wa Benki ya CRDB tawi la Mlimani City, Allen Killango.


Naibu Mkurugenzi Mtendaji wa Benki ya CRDB anayeshughulikia Uendeshaji na Huduma kwa Wateja, Saugata Bandyopadhayay (kushoto) akiwaongoza wateja wa Benki hiyo tawi la Mlimani City kunyanyua juu glasi zilizokuwa na kinywaji cha shampeni.


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