CRDB Bank PLC 2019 Annual Report with Sustainability Disclosures
The report highlights CRDB Bank Group's strong financial performance in 2019, with profit after tax increasing by 87.3% to TZS 120.1 billion. The Group expanded its distribution network to 268 branches and 14,761 CRDB Wakala agents, significantly deepening financial inclusion. Notably, CRDB Bank became the first commercial bank in East and Central Africa to be accredited by the UN Green Climate Fund for green financing. Additionally, the bank successfully reduced its non-performing loans ratio to 5.5%, well below the industry average.
Company: CRDB Bank PLC
Sector: Finance & insurance
Country: Tanzania
Year: 2019
Type: Annual Report with Sustainability Disclosures
Pages: 349
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CRDB Bank PLC
Annual Report
The report highlights CRDB Bank Group's strong financial performance in 2019, with profit after tax increasing by 87.3% to TZS 120.1 billion. The Group expanded its distribution network to 268 branches and 14,761 CRDB Wakala agents, significantly deepening financial inclusion. Notably, CRDB Bank became the first commercial bank in East and Central Africa to be accredited by the UN Green Climate Fund for green financing. Additionally, the bank successfully reduced its non-performing loans ratio to 5.5%, well below the industry average.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women in Management
Employees