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 COMPUTERS TO SENGERAMA SECONDARY SCHOOLS

Dar es Salaam, July 4th, 2009: The National Bank of Commerce (NBC) has donated 4 brand new computers worth TZS 7 million to the Sengerema Seminary Secondary school in Geita, Mwanza Region. The donation is part of the bank’s ongoing Corporate Social Responsibility (CSR) program that has spent over 20 million shillings towards education initiatives since January 2009 to help schools in the in the communities the bank serves. NBC Geita Branch Manager Aliamin Mbeo speaking during the handover ceremony at the school on behalf of NBC reiterated the bank’s position when it comes to education “We are bank that values education and the role it plays in the development of our communities. Students need to be empowered and providing them with proper learning tools is a step towards improving their education and their future” stated Mr. Mbeo. Sengerema Seminary School is a boys only boarding school that was founded by the Catholic Church in 1995. The school currently has a total of 144 students with 12 teachers and the school specializes both in science and human Receiving the donation on behalf on the school, the Bishop of the Diocese of Geita Rt. Rev. Damian Dallu said “Our student have received a great with the donation of these computers and they will now be in a position to learn more things with the help of technology and our teachers too will be able to easily demonstrate materials because they can diagrams and pictures to accompany their lectures. We are hopeful the students’ performance will improve”.

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.