“Let's stop criticizing our banks!”

More than ten years after the subprime mortgage crisis, all the light has not been shed, and yet the idea of ​​the guilt of the banks has taken hold firmly in people's minds. They are even blamed for the double fault, since after playing with fire and triggering the crisis, they allegedly asked for help from the States. This unanimous condemnation, the result of incomplete analyzes, is a heavy component of the bank bashing that has raged since then and unfortunately works against our interests. We are indeed at a critical moment when Europe, faced with the domination of American finance and the dollar, must develop its own financial capacities. The development of a strong pan-European financial sector is therefore essential if we particularly want to foster the emergence of future European gafas. 
If it is vain to hope for the complete disappearance of this bank bashing and, one might say, of the bashing market whose roots plunge both in history and in ignor…

Tanzania: towards 90% digitization of CRDB Bank

With 80% of transactions already done via a digital platform, CRDB Bank, one of the main commercial banks in Tanzania plans to digitize its services 90% by the end of the year.

Tanzania: towards 90% digitization of CRDB Bank

Customers of this bank will soon be able to avoid spending more time in its branches and engage in other production activities. This is in any case the objective aimed by the dematerialization of this banking establishment.

In its commercial strategy for 2022, it is about meeting customer needs with a single click. To achieve this, its leaders are betting on "Popote Inatiki" a special campaign that aims to see more applicants use the digital platform to boost the efficiency of service delivery. This, in a simplified way and to save time spent in physical establishments.

"Thanks to digital transformation, a customer does not need to go to branches to access services in urban, rural, home or street, regardless of day or night," said Dr Joseph Witts, the group's commercial director, picked up by the local press.

The digital platform currently available for CRDB customers is already accessible every day and at all hours. According to the bank, transactions are carried out digitally via SimBanking, SimAccount and Internet Banking, CRDB and TemboCard agencies via the shopping center (PoS) and online (electronic commerce).

Its chief commercial officer also claimed that over the past year, all of these digital service delivery systems have been upgraded. Now it's about educating customers.

In this mission Joe Bendera, the main marketing director of the company recognizes that young people are the most advanced in this field. A fact, which should allow him to reach all Tanzanians. He even counts on the influence of some local artists to raise awareness and educate the rest of the community on the use of electronic services.