Here is an interesting development: CRDB Bank centralized country-wide business operations in Dar-es-Salaam with the twin-objective of enhancing branch services and reducing operational costs. Intellect Business Process Studio (BPS) was chosen to enable this transformation. Intellect BPS enabled the centralization of account opening and services, check processing, automated RTGS (TISS) and cross-border fund transfers. With [...]
Watching CRDB: an analysis of the effects of the financial crisis
May 19, 2009
The leading story on the global economic crisis in The Citizen newspaper on May 6th, 2009 is important for two reasons. First, it attempted to put some real numbers on the impact of the global economic crisis on Tanzania’s banking system. The East African Central Bank Governors concluded a meeting in Kigali, Rwanda on May [...]