National Bank of Commerce - Corporate Social Responsibility

As of 03 Sep 2010
Spot	Buying	Seling
USD	1,430.33	1,550.33
EUR	1,871.68	2,020.25
GBP	2,245.83	2,419.65
AUD	1,306.33	1,404.34

NBC believes that its business cannot grow successfully independent of the development of the community within which it operates. It is for this reason that NBC has specific social responsibility obligations to the community.

The NBC CSR Fund will seek to advance NBC’s image through growing partnerships by providing financial and other resources to disadvantaged communities to ensure the sustainable development of such communities. Community development implies that a range of supportive resources is applied to increase the prosperity and capacity of given communities. To contribute towards real and sustainable business development, leading to community development, NBC must seek to be more than just a bank.

The NBC CSR Fund will seek to create partnerships with other organizations by providing financial and non-financial resources in the form of grants and /or donations to sustainable community development programmes. Funding is channeled towards Education, Health and Job Creation, generally accepted as the pillars of a healthy and prosperous society.

NBC DONATES 34M TSHS TO THE CONSTRUCTION OF TUMAINI UNIVERSITY DAR ES SALAAM COLLEGE

09 Jul 2010: The National Bank of Commerce (NBC) has donated TSZ 34 000,000 towards the construction of Tumanini University DSM College. The donation under NBC�s Colleagues Initiative which is the bank�s ongoing CSR program was pledged by the bank�s new MD Mr. Lawrence Mafuru during a fundraising dinner that was held at the Blue Pearl Hotel on Tuesday.

NBC SPENDS 2.5M TSHS TO FINANCE THE EXPANSION OF UYAWENKO WOMENS GROUP MUSHROOM GROWING PROJECT

17 May 2010: The National Bank of Commerce (NBC) has donated TSZ 2,500,000 towards the expansion of a mushroom growing project for Uyawenko Women�s Group in Dar es Salaam. The donation to UYAWENKO Women�s Group falls under NBC�s Colleagues Initiative which is the bank�s ongoing CSR program. It follows the banks move to adopt the group last year and assist them by financing their various projects.

NBC DONATES SEWING MACHINES WORTH 2.5 M TSHS TO UPENDO ALBINOS GROUP

14 May 2010: The National Bank of Commerce (NBC) through its corporate social responsibility program has donated sewing machines worth 2.5 million Tshs to Upendo Albino�s Group in Vingunguti Dar es Salaam. Speaking during the handover ceremony at the Group center in Vingunguti, the NBC�s Marketing Consultant, Ms. Robi Matiko said �We are pleased to handover these Sewing machines that we believe will assist in the groups various activities to sustain itself and its activities.