10 October 2018

Tanzania: CRDB New Boss Unveils Strategy to Reach Unbankable Population

The newly appointed CRDB Bank CEO and MD Abdulmajid Nsekela has unveiled his strategy to reach many people through digital platforms.

Speaking at his first press conference in Dar es Salaam today (Wednesday), Mr Nsekela said the Bank will use digitalised services to reach unbankable population especially in the rural setting.

Citing Finscope survey, the Dr Kimei heir said 19 to 20 million people are using mobile platforms in financial transactions but still bank penetration is only 17 per cent.

CRDB has internet banking plus SimAccount that customers can open account using mobile phones and Faharihuduma agents.

Tanzania

Missing Billionaire's Family Announce U.S.$437,000 Reward for Information

The family of missing Tanzanian billionaire Mohammed Dewji has announced a Sh1 billion reward to anyone with information… Read more »

See What Everyone is Watching

Copyright © 2018 Tanzania Daily News. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 600 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.