CRDB Bank has launched its enhanced ‘SimBanking’ mobile banking application and USSD to provide customers with efficient banking services designed to help manage their finances and achieve their financial goals.
The Bank’s Managing Director and Group CEO, Abdulmajid Nsekela said in Dar es Salaam recently that the new app offers a wide range of banking services such as digital account opening, loan application, bill payments and insurance payments.
With all the basic banking services available in the app, it makes the app be like a bank on its own and reinforces its new tag line ‘Benki ni SimBanking’.
“By downloading the enhanced SimBanking app, anyone can open a bank account wherever they are, cost-free. We believe the new app will contribute much to our country’s financial inclusion efforts and supporting a cashless society agenda,” said Nsekela.
He added, “We are continuously reviewing our offerings to best respond to the changing needs of our customers, and this app is developed entirely based on customer feedback. It is about leveraging world-class technology to deliver the future of banking today.”
With seamless integration between the Bank’s systems and core insurance application systems of insurance companies, customers using the SimBanking app, can now also buy motor insurance policies.
“We are also finalizing integration with Tanzania Insurance Regulatory Authority (TIRA) system to enable customers to receive digital stickers via the app instantly after making payment,” noted Nsekela.
The government is expecting to introduce digital motor insurance stickers coming April replacing the old stickers.
Speaking during the launch the Minister of Communication and Information Technology, Dr Faustine Ndugulile hailed CRDB Bank for designing and introducing innovative products and services that speed up the implementation of government-driven national economic and development programmes.
“Today marks yet another milestone in our financial inclusion efforts. I am always encouraged when we launch a new financial product or service because we are deepening our country’s financial system. This event is a momentous occasion not only for CRDB Bank but also for our country,” said Dr Ndugulile.