National Bank of Commerce

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As of 23 May 2013
Spot	Buying	Selling
USD	1,588.33	1,653.33
EUR	2,020.82	2,171.96
GBP	2,360.11	2,523.87
AUD	1,500.46	1,613.03

NBC LAUNCHES NEW CAMPAIGN FOR MALENGO SAVINGS ACCOUNT

The National Bank of Commerce (NBC) has launched a 3 months competition for their Malengo savings account starting 8^th May – 7^th August 2009. The NBC Malengo account is a savings account that enables the account holder to deposit their money anytime but can only withdraw it once in a year and they earn compound interest every time they deposit money into their Malengo account. According to a press release issued by NBC, the NBC Marketing Manager, William Kallaghe said that the aim of running the competition is to encourage people to save. “The malengo savings account campaign we are launching today is purely aimed to sensitize the public to save and we are confident more people will open NBC Malengo accounts and stand chances to win cash prizes every month” said Mr. Kallaghe. “The mechanics of our campaign are simple. Open a Malengo savings account at any NBC branch countrywide or deposit money into your Malengo savings account and you could win a million shillings” , said William Kallaghe. All winners will be announced at each monthly draw. The winners’ cash prizes will be directly credited into their Malengo savings account with NBC within seven (7) working days.

NOTICE TO OUR CUSTOMERS - UPDATING OF ACCOUNT INFORMATION

11 Mar 2013: Following instructions from Bank of Tanzania (BOT), National Bank of Commerce (NBC) would like to remind all their customers who have not updated their account details to do so before 14/03/2013 to avoid deactivation of their accounts.

NBC Hands over Secondary School Library Building in Lindi

13 Dec 2012: THE National Bank of Commerce (NBC) has this weekend handed over a library building to Angaza Secondary School�s administration in Lindi Region as part of the banks Corporate Social Investment (CSI) initiatives. Speaking during a brief ceremony held at the schools compound, NBCs Managing Director Mr. Lawrence Mafuru said that education is one of the banks priority areas in its social responsibility agenda. Six library buildings with a total cost of TZS 70m/- have already been renovated at different secondary schools in Tanzania and will soon be handed over to the respective schools administrations.

NBC Launches Leadership in action, I CARE, Campaign

20 Nov 2012: NBC yesterday launched a customer service campaign which will stretch to the end of November and involve the entire NBC Leadership team. The campaign known as Leadership in action, I CARE, focuses on improving service provision to NBC customers. It is a service focus day for the NBC Leadership Team.

NBC WRAPS UP DABO MSHIKO CAMPAIGN WITH 10 FINAL WINNERS

17 Oct 2012: The National Bank of Commerce (NBC) yesterday rewarded the final round of winners of the Dabo Mshiko deposit campaign which has been running countrywide since July 18th 2012 and has seen 30 lucky winners double their deposits. The Handover was done at the NBC Head Office, where four lucky winners from Dar were given their prize money, while others from upcountry branches were rewarded at their respective branches. This round saw winners emerging from Mwanza, Tanga as well as Songea Regions.

NBC Managing Director, Lawrence Mafuru reinstated after probe

08 Oct 2012: On 19th July 2012, the Board of Directors of the National Bank of Commerce announced that Mr Lawrence Mafuru, the Managing Director of National Bank of Commerce had been requested and accepted to go on leave in order to allow investigations into irregularities allegedly perpetrated at the Bank. The allegations which originated from a whistleblower report raised issues around irregular governance practices, fraud and corruption against the NBC Executive Management team. Driven by the values of the Bank and need to maintain high standards of good corporate governance the Board of Directors of National Bank of Commerce initiated thorough investigations into all the issues raised by the whistleblower with a view of establishing the validity of the allegations for appropriate actions to be taken.