As of 03 Sep 2010
|
Spot |
Buying |
Seling |
| USD |
1,430.33 |
1,550.33 |
| EUR |
1,871.68 |
2,020.25 |
| GBP |
2,245.83 |
2,419.65 |
| AUD |
1,306.33 |
1,404.34 |
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NBC SCOOPS BEST LOCAL BANK IN AFRICA AWARD
The National Bank of Commerce (NBC) Ltd. was honoured as the “Best Local Bank in Africa” at the African Banker Awards 2009 event held in Istanbul, Turkey, on Tuesday, 6 October 2009 while its parent company Absa Bank was recognised as the “Most Innovative Bank in Africa”. Organised by IC Publications, publishers of the African Banker magazine, and held alongside the World Bank/ IMF annual meetings, the African Banker awards recognise excellence in African banking across several categories. The Awards also seek to celebrate excellence and best practices in African banking by recognising: reforms, rapid modernisation, consolidation, integration and expansion of Africa’s banking and financial system. They also serve to highlight achievements in these areas across Africa and the world at large. Heralding the awards, Christo de Vries NBC Managing Director said The “Best Local Bank in Africa” award recognises NBC’s high level of performance across a wide range of fields. “This is an exciting achievement for all of our stakeholders and we could not have achieved it without the excellent support of all our customers , our colleagues, and of course our shareholders. I have no doubt that the same dedication which has earned us this accolade will take us to even greater heights in the future,” said Mr. de Vries. NBC has geared itself to pursue excellence in product and service delivery across Tanzania and will build on its achievements as it seeks to further establish itself as a dominant force not only in the Tanzanian banking and financial services market but also among its regional and continental peers, the Managing Director said. Commenting on NBC’s Award, Absa Group Chief Executive Maria Ramos said: “Service delivery and impact on national stakeholders were two key aspects which were considered in the judging of this award. We are proud that NBC has proven itself as a driving force in meeting customers’ needs and adhering to world class practices.” Absa was recognised as the Most Innovative Bank in Africa for its string of successive innovations undertaken over the past twelve months. “This is a significant accomplishment for Absa,” added Ramos, “particularly in a global environment where innovation is playing a central role in tailoring financial services around the diverse needs of customers. At Absa, we have also implemented innovative solutions to make banking possible for previously un-banked South Africans”. Ramos said that Absa continues with its ambition to become a Top 10 Globally Innovative Bank by exploring creative business solutions, instilling a culture of innovative thinking across the Group, promoting sustainable profits and building competitive advantage.
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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.
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