CRDB Bank PLC 2015 Annual Report with Sustainability Disclosures
The report highlights CRDB Bank Plc's financial and operational performance for the fiscal year 2015, emphasizing its strategic consolidation and digital banking expansion. The Group achieved a record net profit after tax of TZS 128.9 billion, representing a 35% increase from the previous year, driven by significant growth in retail lending and alternative banking channels. CRDB Bank expanded its network to 199 branches and increased its active agents to 1,746 under the FahariHuduma brand. Additionally, the bank successfully raised TZS 150.4 billion in capital through a Rights Issue and committed at least 1% of its annual profit to corporate social investment initiatives, focusing on education, health, and environmental conservation.
Company: CRDB Bank PLC
Sector: Finance & insurance
Country: Tanzania
Year: 2015
Type: Annual Report with Sustainability Disclosures
Pages: 178
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CRDB Bank PLC
Annual Report
The report highlights CRDB Bank Plc's financial and operational performance for the fiscal year 2015, emphasizing its strategic consolidation and digital banking expansion. The Group achieved a record net profit after tax of TZS 128.9 billion, representing a 35% increase from the previous year, driven by significant growth in retail lending and alternative banking channels. CRDB Bank expanded its network to 199 branches and increased its active agents to 1,746 under the FahariHuduma brand. Additionally, the bank successfully raised TZS 150.4 billion in capital through a Rights Issue and committed at least 1% of its annual profit to corporate social investment initiatives, focusing on education, health, and environmental conservation.
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Document Details
Report Year
2015
Reporting Period
Jan 1, 2015 - Dec 31, 2015
Fiscal Year
2015
Type
Annual Report with Sustainability Disclosures
Language
English, Swahili
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees