CRDB Bank PLC 2017 Annual Report with Sustainability Disclosures
The report highlights CRDB Bank's performance and strategic initiatives for the fiscal year 2017. Despite facing a challenging macroeconomic environment and tight liquidity, the bank maintained its market leadership in Tanzania, with total assets growing by 9% to TZS 5.9 trillion. The year marked the completion of its five-year strategic plan (2013-2017), during which the bank expanded its physical network to 255 branches and grew its agent banking network to 3,286 agents. CRDB Bank also advanced its digital transformation by launching products like Salary Advance on SimBanking and SimAccount for financial inclusion. Additionally, the bank committed 1% of its annual profit to community development initiatives, focusing on health, education, and environmental conservation.
Company: CRDB Bank PLC
Sector: Finance & insurance
Country: Tanzania
Year: 2017
Type: Annual Report with Sustainability Disclosures
Pages: 256
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CRDB Bank PLC
Annual Report
The report highlights CRDB Bank's performance and strategic initiatives for the fiscal year 2017. Despite facing a challenging macroeconomic environment and tight liquidity, the bank maintained its market leadership in Tanzania, with total assets growing by 9% to TZS 5.9 trillion. The year marked the completion of its five-year strategic plan (2013-2017), during which the bank expanded its physical network to 255 branches and grew its agent banking network to 3,286 agents. CRDB Bank also advanced its digital transformation by launching products like Salary Advance on SimBanking and SimAccount for financial inclusion. Additionally, the bank committed 1% of its annual profit to community development initiatives, focusing on health, education, and environmental conservation.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees