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19 May 2013



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News & Events


NBC SPENDS 2.5M TSHS TO FINANCE THE EXPANSION OF UYAWENKO WOMENS GROUP MUSHROOM GROWING PROJECT

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’s Communication Consultant Robi Matiko speaking during the handover ceremony on behalf of NBC stated “last year NBC adopted UYAWEKO women’s group in support of women initiatives as well as in support of this particular group’s hard work. We still believe that UYAWENKO Women’s Group is an excellent example of women working to improve the lives of everyone is their communities. We stand by this group and will continue to do so as it has shown that it is working for the interest of not only women but children as well. Our donation towards the expansion of the ongoing mushroom growing project run by UYAWEKO is assurance to the women that NBC will continue to support innovation and creativity, it is also encouragement to women’s groups out there to go the extra mile and reap better benefits from their hard work.” Receiving the cheque on behalf of UYAWEKO Women’s Group, the group’s chairperson Mary Katobesi thanked NBC saying the bank’s continuous support has helped to improve the lives of the children under the group’s care. “On behalf of my fellow members let me thank NBC for their never failing support for our group. Their continued support has helped to improve the lives of not only the women who now have businesses running and assurance of meals at the end of the day, but also the over 334 orphans and different groups we look after. This mushroom project has proved quite a success for us giving us something to not only sell for cash but also providing a nutritious ingredient for some of our meals here. We hope you will continue supporting us” said Mrs. Katobesi.  UYAWEKO Women’s Group was started in 2003 and officially registered in 2006. The group has 15 members who care for orphans, widows, disabled children and people living with the HIV/AIDS.


News Headlines

NOTICE TO OUR CUSTOMERS - UPDATING OF ACCOUNT INFORMATION
11 Mar 2013: Following instructions from Bank of Tanzania (BOT), National Bank of Commerce (NBC) would like to remind all their customers who have not updated their account details to do so before 14/03/2013 to avoid deactivation of their accounts.


NBC Hands over Secondary School Library Building in Lindi
13 Dec 2012: THE National Bank of Commerce (NBC) has this weekend handed over a library building to Angaza Secondary School’s administration in Lindi Region as part of the banks Corporate Social Investment (CSI) initiatives. Speaking during a brief ceremony held at the schools compound, NBCs Managing Director Mr. Lawrence Mafuru said that education is one of the banks priority areas in its social responsibility agenda. Six library buildings with a total cost of TZS 70m/- have already been renovated at different secondary schools in Tanzania and will soon be handed over to the respective schools administrations.


NBC Launches Leadership in action, I CARE, Campaign
20 Nov 2012: NBC yesterday launched a customer service campaign which will stretch to the end of November and involve the entire NBC Leadership team. The campaign known as Leadership in action, I CARE, focuses on improving service provision to NBC customers. It is a service focus day for the NBC Leadership Team.


NBC WRAPS UP DABO MSHIKO CAMPAIGN WITH 10 FINAL WINNERS
17 Oct 2012: The National Bank of Commerce (NBC) yesterday rewarded the final round of winners of the Dabo Mshiko deposit campaign which has been running countrywide since July 18th 2012 and has seen 30 lucky winners double their deposits. The Handover was done at the NBC Head Office, where four lucky winners from Dar were given their prize money, while others from upcountry branches were rewarded at their respective branches. This round saw winners emerging from Mwanza, Tanga as well as Songea Regions.


NBC Managing Director, Lawrence Mafuru reinstated after probe
08 Oct 2012: On 19th July 2012, the Board of Directors of the National Bank of Commerce announced that Mr Lawrence Mafuru, the Managing Director of National Bank of Commerce had been requested and accepted to go on leave in order to allow investigations into irregularities allegedly perpetrated at the Bank. The allegations which originated from a whistleblower report raised issues around irregular governance practices, fraud and corruption against the NBC Executive Management team. Driven by the values of the Bank and need to maintain high standards of good corporate governance the Board of Directors of National Bank of Commerce initiated thorough investigations into all the issues raised by the whistleblower with a view of establishing the validity of the allegations for appropriate actions to be taken.


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