At the same time, Moody's has affirmed NMB Bank PLC's b1 baseline credit assessment (BCA), b1 adjusted BCA, and Ba3(cr)/ Not Prime(cr) Counterparty Risk Assessment (CR Assessment) and CRDB
Bank Plc's b2 BCA, b2 adjusted BCA, and B1(cr)/ Not Prime(cr) CR Assessment.
Bank has said that it will be offering digital banking services with the launch of a mobile wallet.
Bank Plc in Tanzania has by the end of 2008 reached around 498,030 new rural clients through 376 SACCOs by offering a variety of services; AVIVA in India has managed to offer insurance services to 200,000 clients through MFIs operating in rural areas (Pagura and Kirsten, 2006).
Nine of 45 (20%) nulliparous women in the CRDB
group had a cesarean section, compared with 20 of 50 (40%) nulliparous women in the Foley group, which was statistically significant.
The other two policy options (based on Akiba Commercial Bank and CRDB
Bank schemes) so far have exhibited the potential for improving small firms' financing in the long run.
Bank Plc is a leading wholly owned private commercial bank in Tanzania, offering comprehensive range of Corporate, Retail, Treasury, Premier and Microfinance Services.
Moody's assigned a first-time local currency deposit rating of B1 with stable outlook to CRDB
Bank, noting its leading role in the Tanzanian banking sector but also the country's 'very weak' macro profile.
Global Banking News-May 23, 2016--Tanzania's CRDB
Bank looking to trim bad-loan ratio
Phase One involving the two big banks, namely CRDB
and NMB, and the second phase would involve small banks and other financial intermediaries that would be interested.
Charles Kimei, managing director of Tanzania's CRDB
Bank, sees it differently: "There will be a tendency for concentration of banking into three to five banks in each country and of these at least two will be domestic banks or banks that have had long-term roots in the country.
Moody's Investors Service has assigned first time local currency deposit ratings of B1 with a stable outlook to CRDB
Charles Kimei, CEO and President of CRDB
Bank, Tanzania, who received the Lifetime Achievement Award in recognition for his more than 30 years of achievements in the financial services sector.