CRDB Bank’s pledge after strong 2024 performance

CRDB Bank Group CEO and Managing Director Abdulmajid Nsekela speaks during the Annual Investors forum in Dar es Salaam on May 6, 2025. PHOTO | COURTESY

What you need to know:

  • CRDB Bank’s total assets rose by 24.5 percent to Sh16.7 trillion, driven by strong loan book growth and deposit mobilisation. Net loans and advances grew by 22.8 percent to Sh10.4 trillion, supported by prudent credit risk management and increased demand across corporate, MSME, retail and agricultural sectors.