CRDB BANK

CRDB Bank Job Opportunities CRDB Bank Internet Banking CRDB Bank Limited Tanzania CRDB Bank Swift Code CRDB Bank Tanzania NMB Bank CRDB Tanzania iBank CRDB Bank




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CRDB Bank


CRDB Bank
Type Private: DSE: CRDB
Industry Financial Services
Founded 1996
Headquarters Dar es Salaam, Tanzania
Key people Dr. Charles Kimei
Managing Director
Products Loans, Savings, Checking, Investments, Debit Cards, Credit Cards, Mortgages
Revenue Increase:Aftertax: US$33.7 million (TZS:53.125 billion) (2011)[1]
Total assets US$1.93+ billion (TZS:3.07 trillion) (2012)
Employees 1,500+ (Q1:2012)
Website Homepage

CRDB Bank Plc is a commercial bank in Tanzania. It is one of the commercial banks licensed by Bank of Tanzania, the national banking regulator.[2]


CRDB Bank Overview


The bank is the largest banking institution in Tanzania, by assets, providing commercial banking services to individuals, small-to-medium sized corporate clients and large corporations. As of December 2012, CRDB Bank's total assets were valued in excess of US$1.93 billion (TZS:3.07 trillion).[3] In December 2011, shareholders' equity was valued at approximately US$178 million (TZS:276 billion).[4] The shares of stock of CRDB Bank are listed on the Dar es Salaam Stock Exchange, where they trade under the symbol: CRDB.[5]


CRDB Bank History


CRDB Bank was formed when the former Cooperative Rural Development Bank which was wholly government owned was privatized, recapitalized and restructured. DANIDA played a significant role in re-structuring the new institution and is a part owner of the new bank. [6]


CRDB Bank Ownership


As of December 2011, the stock of CRDB Bank is owned by the following institutions and individuals:[7]

CRDB Bank Stock Ownership
Rank Name of Owner Percentage Ownership
1 Investors Owning Less Than 1% Each 50.7
2 Danish International Development Agency 21.5
3 Investors Owning Between 1.0% and 2.0% 10.2
4 Tanzanian Parastatal Pension Fund 10.0
5 Tanzania Public Service Pension Fund 3.3
6 Blakeney General Partners III 2.3
7 Tanzania Local Governmeent Pension Fund 2.0
8 TOTAL 100.0

CRDB Bank Branch Network


As of February 2009, CRDB Bank has a network of fifty-four branches in all regions of Tanzania.


CRDB Bank Regional expansion


In early 2009, the bank announced plans to enter neighboring countries by establishing subsidiaries in Kenya, Uganda, Rwanda and Burundi.[8] In November 2011, Tanzanian press reports indicated that CRDB Bank planned to cross-list on the Nairobi Stock Exchange (NSE) and on the Uganda Securities Exchange (USE). The same reports indicated that the bank's first foreign subsidiary will be established in Burundi in 2012.[9][10]


CRDB Bank External links



CRDB Bank See also



CRDB Bank References




CRDB Bank Job Opportunities CRDB Bank Internet Banking CRDB Bank Limited Tanzania CRDB Bank Swift Code CRDB Bank Tanzania NMB Bank CRDB Tanzania iBank CRDB Bank

| CRDB Bank Job Opportunities | CRDB Bank Internet Banking | CRDB Bank Limited Tanzania | CRDB Bank Swift Code | CRDB Bank Tanzania | NMB Bank | CRDB Tanzania | iBank CRDB Bank | CRDB_Bank | Tanzania | List_of_banks_in_Tanzania | List_of_banks_in_Burundi | Microfinance_in_Tanzania | China_UnionPay | List_of_banks_in_Africa | Banking_in_Uganda | Dar_es_Salaam_Stock_Exchange | List_of_Bank_Identification_Numbers | Msoga | Eugen_Mwaiposa | J._Hicks_Lanier | Cambodia_Development_Cooperation_Forum | Mbeya | Companies_listed_on_the_New_York_Stock_Exchange_(C) | Politics_of_Cambodia

Copyright:
Dieser Artikel basiert auf dem Artikel http://en.wikipedia.org/wiki/CRDB_Bank aus der freien Enzyklopaedie http://en.wikipedia.org bzw. http://www.wikipedia.org und steht unter der Doppellizenz GNU-Lizenz fuer freie Dokumentation und Creative Commons CC-BY-SA 3.0 Unported. In der Wikipedia ist eine Liste der Autoren unter http://en.wikipedia.org/w/index.php?title=CRDB_Bank&action=history verfuegbar. Alle Angaben ohne Gewähr.

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