CRDB Bank has been awarded the International Diamond Prize for Excellence in Quality 2023 by the prestigious European Society for Quality Research (ESQR).
The award handing over ceremony was held last Sunday, in Brussels and the country Ambassador to Belgium Jestas Nyamanga attended the event.
CRDB Group CEO Abdulmajid Nsekela said the award was a remarkable milestone in its journey towards excellence.
“We are truly honored to receive this prestige award,” Mr Nsekela said in a statement after receiving the award “As we continue implementing our medium-term strategy, we are committed to upholding the highest standards of quality and innovation in everything we do to become the undisputed leaders in all markets we operate.” ESQR is renowned for its commitment to promoting quality, innovation, and excellence across various sectors worldwide.
The International Diamond Prize for Excellence in Quality demonstrates CRDB’s relentless pursuit of excellence, unwavering commitment to delivering top-notch services, and its significant impact on the country’s economic growth and development.
The prize further strengthens CRDB position as a trusted financial partner whereby in March, the bank received 150 million euros facility from European Investment Bank for supporting micro, small and medium-sized enterprises across the country. Amb Nyamanga expressed his gratitude for the recognition of the Tanzanian bank at the international stage.
“We are immensely proud of the CRDB to receive the Prize. This award highlights government’s commitment to providing a conducive business environment for the private sector to thrive,” he said.
Michael Harris, ESQR Chief Executive Advisor congratulated CRDB for scooping the award for the second time after doing the same in 2021.
“I wish the bank to continue making the difference that it has made so far and lead the markets with integrity, honesty and most importantly, humanity,” said Mr Harris.
Since January 2023, CRDB Bank has won 13 major awards, including the Best Bank in Tanzania 2023 and Top Innovation in Finance Africa 2023 by Global Finance Magazine, Best SME Bank in Tanzania 2023 by Global Finance and Regional Bank of the Year 2023 from African Banker Awards 2023.