CRDB Bank Plc is Tanzania’s largest commercial bank by assets, established in 1996 and listed on the Dar es Salaam Stock Exchange in June 2009 . Headquartered in Dar es Salaam, the bank employs approximately 3,729 people (2022) and serves customers through a vast network of around 254 branches, 558 ATMs, over 6,000 point-of-sale devices, and more than 20,000 agents .
As of December 2023, CRDB’s total assets stood at about TSh 13 trillion (USD ~5 billion), with customer deposits of TSh 8.9 trillion and a loan book reaching TSh 8.5 trillion. That year, the bank reported an after-tax profit of TSh 424 billion (USD ~165 million) . In 2024, performance continued to improve: net assets grew by 25% to TSh 16.5 trillion, loans increased to TSh 10.4 trillion, deposits rose to TSh 10.9 trillion, and profit after tax soared to TSh 551 billion—a 30% year-on-year rise .
CRDB offers a comprehensive suite of financial services spanning consumer, SME, corporate, and institutional banking, including retail banking, trade finance, treasury, insurance (bancassurance), Islamic banking (Al-Barakah), agency banking via its Fahari Huduma Wakala network, diaspora banking (e.g., the Tanzanite Account), and capital markets services .
The bank has earned repeated recognition for excellence, being named Tanzania’s Best Bank by Global Finance for four consecutive years, a testament to its digital transformation and leadership in service delivery .
In summary, CRDB Bank Plc is a dominant and expanding financial institution in Tanzania, excelling in asset growth, customer reach, innovation, and leadership in banking services.