National Bank of Commerce

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NBC DONATES 2 MILLION TO THE TANZANIA COTTON BOARD

The National Bank of Commerce (NBC) today handed out a cash donation of 2 million to the Tanzania Cotton Board (TCB) in recognition to the contribution of cotton to the Tanzanian economy.Presenting the cheque to the management of Tanzania Cotton Board, NBC’s Marketing Manager William Kallaghe said that the bank appreciates the boards input in promotion, production and marketing of cotton. “The cotton industry has benefited many farmers who are also our customers and NBC was obliged to help the board that is mandated to ensure that cotton farmers get what deserve” said Mr. KallagheAccepting the donation of the Tanzania Cotton Board, the board’s Director General Dr. Kimbisa said that the generous gesture by NBC should be emulated by others and added that the donation will be put to use towards existing programs initiated by the board to help cotton farmers rip more benefits. “We thank NBC for remembering us considering we have been helping cotton farmers before independence and it is through donations like this that make us continue to offer better services to the farmers and the industry stakeholders at large” said Dr. Kimbisa. The Tanzania Cotton Board can be traced from 1952 when the Tanganyika Lint and seed Board was formed by the British Colonial Administration with the aim of marketing the cotton from Tanganyika. An act of parliament that was passed in 2001 gave birth to the current Tanzania Cotton Board whose main mandate is to promote and regulate the quality, marketing and export of cotton in Tanzania.The Tanzania Cotton Board is also involved in the monitoring of production, processing and marketing of cotton, promote good farming methods and increased production of cotton through farmers' education, and stimulate research and agricultural extension services and advice the government on all matters affecting the cotton industry.

NBC launches Mastercard offering

18 Oct 2011: IN a move aimed at providing more convenient services to its clients, NBC Limited, has launched a MasterCard that will enable customers to access financial services globally.

NBC DONATES NEW MOBILE CLINIC

28 Sep 2011: At least 225,212 people, mostly women and children in the outskirts of Dar es Salaam, have received medical care through mobile clinics, deployed by the National Bank of Commerce (NBC) since 2002. The Bank's Managing Director, Lawrence Mafuru said in Dar es Salaam yesterday that the clinics were also useful during the Medical Association of Tanzania Health Camp in the Lake Zone Area; the 2003 Africa Malaria Day' the 2007 Mass Drug Administration against Filarlasis (Matende) and also during the Gongo la Mboto bomb blasts when the Clinics were on site providing medical care.

NBC launches Corporate & Business Islamic Current Accounts

09 Aug 2011: The National Bank of Commerce (NBC) has introduced Corporate and Business Islamic Current Accounts for businesses that would like to operate under Islamic rules.The move follows the Islamic banking savings account for individuals, which has been successful since it was launched in May last year.

NBC LAUNCHES KAHAMA BRANCH

22 May 2011: The National Bank of Commerce (NBC) has officially opened its Kahama Branch in Shinyanga Region with an assurance of enhancing its services at the Lake Zone network.

NBC SUPPORTS THE MEDIA COUNCIL OF TANZANIA

05 May 2011: The National Bank of Commerce (NBC) has supported the Media Council on its Excellence in Journalism Awards (EJAT) event that took place on 3rd May 2011, on World Press Freedom Day. NBC sponsored the Economic and Business Award in Print and Electronic media segment at TZS 5,000,000.