National Bank of Commerce

As of 07 Sep 2010
Spot	Buying	Seling
USD	1,431.50	1,551.50
EUR	1,880.50	2,029.77
GBP	2,244.57	2,418.29
AUD	1,317.98	1,416.86

NBC MALENGO ACCOUNT CAMPAIGN HOLDS 2ND DRAW

The National Bank of Commerce (NBC) today held the 2^nd draw to pick winners of the ongoing NBC Malengo account campaign that was launched on May 8^th 2009. The 3 month’s campaign will see 9 NBC Malengo account holders win cash prizes of TZS 1 million each every month. 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. NBC Managing Director, Christo de Vries while conducting the draw said “The public’s response to the ongoing NBC Malengo campaign is very encouraging and as NBC we are challenged to come up with more innovative products for our clients.” The first draw was held in June and three winners from Njombe, Musoma and Tunduma branches each won TZS 1 million shillings that was deposited into their respective Malengo savings accounts. The 1^st draw winner from Njombe Mrs. Kastora Mercy said “The NBC Malengo account campaign started at an appropriate time because I want to expand my tailoring business and build a house and the money I am saving will allow me to achieve my dream.” There will be a draw at the end of every month to pick and announce winners. The winners’ cash prizes will be directly credited into their Malengo savings account with NBC within seven (7) working days.

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.

NEW MANAGING DIRECTOR FOR NATIONAL BANK OF COMMERCE APPOINTED

27 May 2010: Dr Mussa Assad, Chairman of the Board of National Bank of Commerce Ltd,a subsidiary of South African banking group Absa, has announced the appointment of Lawrence Mafuru, as the new Managing Director with effect from 1 June 2010. Mafuru who succeeds Christo de Vries, will also form part of the Absa Africa Executive Committee and sits on the NBC board.

NBC HOSTS WORKSHOPS TO EDUCATE THE PUBLIC ABOUT ISLAMIC BANKING

26 May 2010: The National Bank of Commerce NBC has hosted a workshop today to introduce Islamic Banking to its current and potential clients in Zanzibar. Speaking during the workshop held at the Bwawani Hotel ��.. from NBC said it is key that clients and potential clients understand what the service is offering them and what makes it a better option for them, �NBC is always looking at ways to satisfy as many of our existing clients as possible while also opening the doors to others who may wish to join us. It is our belief that through Islamic Banking we have managed to find a way to meet both goals.�

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.