CRDB Bank Overview
CRDB Bank Plc is a commercial bank in Tanzania, licensed by the Bank of Tanzania, the central banking authority. As of September 2022, CRDB Bank stood out as the largest commercial bank in Tanzania.
Location
You can find the bank’s headquarters at Palm Beach, Upanga East, on Ally Hassan Mwinyi Road in Dar es Salaam. This city is the financial hub and the biggest city in Tanzania. The exact geographical coordinates of CRDB Bank’s headquarters are Latitude: -6.799562 and Longitude: 39.28344.
Bank Overview
As of December 31, 2023, CRDB Bank had total assets valued at TSh 13 trillion (around US$5.055 billion). The bank’s customer deposits were impressive, totaling TSh 8.9 trillion (about US$5.46 billion). Additionally, CRDB’s loan book amounted to TSh 8.5 trillion (approximately US$5.46 billion). For the 12 months ending December 2023, the bank reported an after-tax profit of TSh 424 billion (roughly US$164.86 million).
