Turnaround Strategy

Claver Serumaga, Managing Director of NCBA Bank Tanzania, has led the bank’s turnaround with a focus on credit discipline, digital innovation, and operational efficiency—positioning the institution for sustainable growth and resilience.

Claver Serumaga Continues Turnaround of NCBA Tanzania; Net Profit Grows 26% to TZS 25.5 bn

In 2024, NCBA Bank Tanzania posted its highest-ever net profit, closing the year with TZS 25.5 billion in after-tax earnings, a 26% increase from the previous year. The bank’s profit before tax
April 15, 2025

 

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