NBC assures individual customers,corporate clients reliable services 

15May 2019
Henry Mwangonde
DAR ES SALAAM
The Guardian
NBC assures individual customers,corporate clients reliable services 

National Bank of Commerce (NBC) yesterday hosted a section of investors and clients at a breakfast aimed at assuring them security of their deposits following positive economic growth recorded by the country.

The bank’s Director of Treasury and Financial Markets, Peter Nalitolera said following the positive financial trends recorded by the country in recent years, NBC has been part and parcel of the growth hence customers have nothing to worry.

“We decided to host our clients so that we assure them that they are in safe hands but, also discuss together the various issues to ensure we move ahead together,” Nalitolera said.

The meeting was attended by investors from various sectors such energy, agribusiness and producers.

One of the participants Samuel Agrey from Vivo Energy said such meetings were fruitful as they offered an opportunity for clients and investors to carefully choose which bank to do business and grow together as business partners.

“This gives us a chance to meet as investors at the same time highlight some of the challenges facing the banking sector and how to address them,” Agrey said while commending the bank’s management for the initiative.

Nalitolela said among other things, in order to reach out to a huge number of customers, the bank last year, launched NBC agency banking which is available countrywide.

He said agency banking is a concept whereby a commercial bank contracts an entity or individual to provide specific services on its behalf.

NBC’s management has set aside 300m/- for sponsoring training of university graduates aimed at developing human capital that will manage and provide expertise to an industrial and middle income economy by 2025.

For the second year now the bank has teamed up with South African Elevate Education to equip the undergraduates acquire skills and knowledge necessary to succeed in examinations and gradually manage the modern economy.

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