DAR ES SALAAM, Oct. 3 -- CRDB Banks landmark core banking system upgrade has thrust Tanzania onto the global financial map, opening new international opportunities for the lender.

These opportunities not only elevate the countrys profile in global finance but also help CRDB secure funding for government strategic projects such as roads, infrastructure and other key developments.

CRDB Bank Foundation Managing Director, Ms Tully Esther Mwambapa said the upgrade has already attracted global recognition, enabling the bank to sign a 320 million US dollars Memorandum of Understanding with the US Development Finance Corporation (DFC).

“We have not incurred any losses because of the upgrade; instead, we have gained more. This is evident ...