TBY presents CRDB Bank with East Africa’s Most Innovative Bank Award

TBY has presented Dr. Charles Kimei, Managing Director of CRDB Bank, with its East Africa’s Most Innovative Bank Award 2017.

The award, which was presented at CRDB Bank’s head office in Dar es Salaam, celebrates the unique offering of customized solutions offered by CRDB bank in its quest to reach out to the entire bankable population in Tanzania. With financial inclusion at the top of its agenda, CRDB Bank has carefully tailored new products to meet the needs of its diverse customers—regardless of whether they are large corporates, SMEs, or even Tanzanian minors.

At the award ceremony, Dr. Kimei highlighted the importance of digital technologies and mobile money to the banking sector as a whole, and CRDB specifically. By harnessing the potential of new technologies such as these, CRDB has been able to broaden access to formal financial systems. Elsewhere, pioneering solutions like mobilizing agents throughout the country have enabled the bank to increase its geographical reach.

TBY, a leading research firm and publisher of annual economic resources on national economies, is currently conducting interviews for its fourth annual edition on the country, The Business Year: Tanzania 2018. Produced in partnership with the Ministry of Foreign Affairs, this issue will include interviews with over 100 of Tanzania’s leading figures in business, politics, and economics.