CRDB Bank defends core system upgrade as ‘crucial, necessary’
The Governor of the Bank of Tanzania (BoT), Emmanuel Tutuba (left), shares a light moment with CRDB Bank Group CEO, Abdulmajid Nsekela, during a meeting held yesterday to discuss the implementation of the bank’s core banking system. PHOTO | THE CITIZEN CORRESPONDENT
Josephine Christopher is a senior business journalist for The Citizen and Mwananchi newspapers
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Dar es Salaam. CRDB Bank Plc has defended its recent core banking system upgrade, insisting that the move was not just a technical necessity but a strategic leap forward.
According to the bank’s management, the overhaul was part of a long-term strategy to strengthen its digital backbone, enhance transaction speed and security, and position CRDB to compete not only in Tanzania but also across the region.
