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 DONATES 30 MILLION TO CCBRT DISABILITY HOSPITAL

The National Bank of Commerce (NBC) through its ongoing Corporate Social Responsibility (CSR) program has made a donation of TZS 30 million to the Comprehensive Community Based Rehabilitation in Tanzania (CCBRT) disability hospital located in Msasani in Dar es Salaam. The donation is for 2 water sterilizers worth TZS 4 million and medical bills for disabled children to the tune of TZS 26 million. The CCBRT disability hospital offers services that aim at preventing impairments and disabilities, curing patients from disabilities and improving physical conditions of patients. In addition the CCBRT disability hospital provides Voluntary Counselling and Testing (VCT) for HIV/AIDS patients. NBC Head of Retail Banking Johan Vermaas presented the cheque and inaugurated the water sterilizers and reiterate the noble work done by the hospital. “NBC is dedicated to helping in any way to improve the welfare of disabled children in making sure they get the right medical care. We are proud to be associated with a caring institution whose contribution to the wellbeing of disabled children is beyond measure” said Mr. Vermaas. NBC under its CSR program held an internal competition among its staff countrywide named “NBC CSR Colleague Competition” whereby each branch and department proposed a project which they thought was worth funding. All proposed projects were then brought forward to the NBC CSR Committee for evaluation. Three best projects were chosen and each project was awarded TZS 30 million. The awarded projects were the construction of a market place in Maneromango in Kisarawe; construction of a maternity waiting home in Karatu and the installation of water sterilizers and payment of medical services for disabled children at CCBRT. CCBRT’s Assistant CEO Haika Mawalla said “Our hospital treats and rehabilitates children with disabilities who come from very poor backgrounds and we depend on donations from well wishers like NBC to be able to continue offering our services for free. It is through such donations that we are motivated to continue providing medical services to ensure disabled children also lead a normal life.” This year NBC intends to spend over TZS 398 million on various CSR activities towards community projects in health, education and job creation. On health related projects, the Kilimanjaro Christian Medical Centre (KCMC) referral hospital in Moshi in May was the first beneficiary of 2 surgical beds worth TZS 6 million.

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.