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18 May 2013



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News & Events


NBC STAFF DONATE SCIENCE LABORATORY EQUIPMENT

The National Bank of Commerce (NBC) Corporate Banking staff made a donation of science laboratory equipment worth 2 million to Furaha Secondary School of Chanika in Dar es Salaam. The generous donation was made through the Colleague CSR initiative which is a brainchild of the ongoing NBC Corporate Social Responsibility (CSR) initiative.Speaking on behalf of his colleagues NBC’s Head of Corporate Banking Yohane Kaduma reiterated the banks position when it comes to supporting education in the country.  Education is important for the development of any community and NBC and its employees are committed to supporting education initiatives like the science equipment we are handing over to you today” said Mr. Kaduma.The NBC Colleague CSR Initiative is part of the NBC CSR fund where every branch and directorate within NBC gets a certain amount of money each year to contribute to the community where they see a need. A total of 128 million was spent last year by NBC staff supporting projects in the communities they serve.Speaking after receiving the donation from NBC Furaha Secondary School Head teacher Jonas Ndereka said “Science subjects are very important simply because the world is shifting more towards technology and we need to keep up with the trend. We are grateful to NBC for this donation and it will go a long way in helping our pupils have a better understanding of science because they will now be able to do practical experiments”.Furaha Secondary school located in Chanika, a low income high density area of Dar es Salaam has a total of 332 students and the school’s performance in science subjects has been satisfactory and the students will write their first national exam next year in March.


News Headlines

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.


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