Tanzania's CRDB Bank Seeks To Expand Regionally

Tanzania's CRDB Bank seeks to earn a minimum of 3 per cent of its net income from its international operations by 2017. According to the bank's business strategy for 2013-17, it is expected to get a foothold in East African markets, while enhancing its target market share of 5 per cent or more in  Burundi during the period under review. The bank will open two more branches in Burundi and introduce agency banking, a mode of operation adopted by some East African banks including KCB and Equity

Source: The EastAfrican