CRDB touts Sim banking
CRDB Bank board chairman Martin Mmari cuts the ribbon to launch the bank’s new promotional campaign dubbed ‘Shinda Passo na Sim Banking’ in Dar es Salaam yesterday. Looking on are CRDB Bank managing director Charles Kimei (second right) and other members of the board of directors of the public listed bank.
PHOTO | EMMANUEL HERMAN
What you need to know:
- Citing Sim Banking for example, the CRDB managing director, Dr Charles Kimei said in Dar es Salaam yesterday that his bank has over two million customers, of which 1.2 million make use of Sim Banking.
Dar es Salaam. A substantial investment in technology has helped commercial banks to reach a number of unbanked Tanzanians, a prominent banker has said.
Citing Sim Banking for example, the CRDB managing director, Dr Charles Kimei said in Dar es Salaam yesterday that his bank has over two million customers, of which 1.2 million make use of Sim Banking.
Dr Kimei’s sentiments concurs with findings of the 2013 report by Finscope which revealed that the number of Tanzanians making use of financial services reached 57.4 per cent of the adult population in 2013.
According to the report the growth was pushed substantially by the expansion of mobile phone cash technology.
“The introduction of Sim Banking several years ago has helped Tanzanians access various banking services at any geographical location. In fact, with Sim Banking you can do everything as if you are in a branch,” remarked Dr Kimei while launching a new campaign dubbed ‘Send Money through Sim Banking and Win Toyota Passo’.
During the campaign, the CRDB’s current and would-be customers are set to win Toyota Passo and other prizes.
