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 EMPLOYEES CELEBRATE MAY DAY IN MUSOMA

: The National Bank of Commerce (NBC) employees of the Lake Zone area today participated in May Day celebration commemorated officially in Musoma, Mara Region. May Day commonly known as Labour Day is commemorated annually on 1^st of May and is a public holiday where all workers celebrate social and economic achievements of labour movements. NBC employees marched in front of government dignitaries carrying placards with messages about NBC’s group loans, and NBC’s Malengo account. The themes for this years labour Day Celebrations are Good management is born out of staff involvement and Participation in sport is an employee's right, let us give them their right. Speaking to fellow employees at the dinner party organized for NBC employees after the May Day celebrations, NBC Human Resource Director Reginald Massawe appreciated the work done by the employees and assured them of management’s support “NBC’s management appreciates the hard work done by its employees in ensuring the banks keeps performing better and we shall continue supporting you to ensure your rights as employees are met” said Mr. Massawe.

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.