CRDB Bank PLC is the leading banking institution in Tanzania in terms of assets, loans & advances and customer deposits, with an ambition to expand its footprint in the wider East Africa region. Besides playing an influential role in the socio-economic development of the country, CRDB Bank consistently relies on its sound business model to pursue a sensible diversification strategy, alongside consolidating and improving its banking operations.
The bank provides commercial banking services to individuals, small-to-medium-sized businesses, and large corporations. As of December 2013, CRDB Bank's total assets were valued at approximately US$2.154 billion (TZS: 3.6 trillion).
In September 2013, the bank's shareholders' equity stood at about US$223.6 million (TZS: 335 billion). At that time, CRDB Bank was the second-largest commercial bank in Tanzania, by assets, behind FBME Bank. It was also the second-best capitalized commercial bank, behind National Microfinance Bank. The shares of stock of CRDB Bank are listed on the Dar es Salaam Stock Exchange, where they trade under the symbol "CRDB"
Reflective of its corporate philosophy, CRDB Bank remains intent on providing ever-improving levels of customer experience as well as state-of-the-art financial solutions to individual and corporate clients. The Bank has a robust IT platform and maintains a leading edge in the sphere of technology and innovations (extensive delivery channels). Epitomizing its outstanding brand, CRDB Bank keeps on building lasting relationships with all its stakeholders.
The Group offers a comprehensive range of corporate, retail, business, treasury, premier, wholesale banking and microfinance services through a network of 199 static and mobile branches, 432 ATMs including 18 Depository ATMs, 778 Point of Sale (POS) terminals, 1,746 Agents (FahariHuduma) and 441partner Microfinance institutions. The innovative network plan enhances Group’s ability to provide cost effective service delivery across Tanzania.
CRDB Bank Plc (The Bank) is a Public Company limited by shares which was incorporated in the United Republic of Tanzania in 1996 under the Companies Act, CAP 212 Act No.12 and was listed on the Dar Es Salaam Stock exchange (DSE) on 17th June 2009. It has established two wholly owned subsidiaries namely CRDB Microfinance Services Company Limited incorporated in the United Republic of Tanzania in 2007.