CRDB to support EAC investors drive growth
DAR ES SALAAM: CRDB Bank Group has reaffirmed its commitment to supporting investors seeking opportunities in East and Central Africa, particularly in Tanzania, Burundi, and the Democratic Republic of the Congo (DRC), where the Bank already operates.
The Bank’s Group, Prof Neema Mori, said on Thursday at the sideline of IMF Annual General Meeting that their vision is to serve as a bridge between global capital and Africa’s fast-growing markets.
“We see immense potential in the East African region, and CRDB Bank is strategically positioned to facilitate investment flows across mining, tourism, manufacturing, and agriculture — the sectors that are driving the next phase of Africa’s growth,” said Prof Mori through a release adding: “Our financial strength, regional footprint, and robust systems provide the confidence investors need when choosing a partner in East Africa.” She said CRDB Bank remains a trusted financial institution with a balance sheet value of more than 20tri/-, supported by strong capital buffers, liquidity, and asset diversification.
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The Bank’s expansion into Burundi and the DRC, coupled with its dominant presence in Tanzania, has created a solid platform for cross-border trade and investment within the East African bloc. Prof Mori said CRDB has continued to invest in technology to enhance its capacity to serve clients seamlessly across borders.
“We have invested heavily in modern technology to ensure we can serve clients seamlessly across borders.
“Our upgraded core banking platform and the migration of our card systems to global standards are not just technological achievements—they are the foundation that allows us to deliver faster, more secure, and more efficient financial services to investors operating in multiple markets,” she said.
The Bank’s strength goes beyond financing to include facilitating value chains, particularly in agriculture, manufacturing, and mining.
She said CRDB Bank plays a vital role in linking large investors with small and medium enterprises to ensure local communities benefit from foreign direct investment through jobs, supply chains, and inclusive growth.
Prof Mori also said CRDB Bank’s newly approved Representative Office in Dubai, licensed by the Dubai Financial Services Authority (DFSA), would strengthen the Bank’s connectivity with global investors.
“Dubai is a global investment hub, and having a presence there enhances our visibility and access to institutional investors and development partners. It’s part of our broader vision to make CRDB Bank a true bridge between Africa and the world,” she said.
