NMB and CRDB Bank dominate bancassurance trade

NMB Bank’s retail banking chief Filbert Mponzi (centre) confers with Insurance Commissioner at the Tanzania Insurance Regulatory Authority, Dr Mussa Juma (left) during the launch of ‘Bancassurance’ products and services by NMB recently. At left is the bank’s senior Bancassurance manager, Martin Massawe. PHOTO | THE CITIZEN CORRESPONDENT

What you need to know:

NMB Bank PLC transacted the largest share at 52.4 percent, followed by CRDB Bank PLC which accounted for 36.6 percent during the period from July to September 2021.