Table of Contents

1. Overview of CRDB Bank
2. CRDB Bank Shareholding Structure in 2025
3. Top Shareholders and Their Roles
4. Institutional vs. Individual Ownership
5. Why Shareholding Structure Matters
6. CRDB Bank Dividend Policy and Shareholder Returns
7. Future Outlook and Growth Strategy
8. Conclusion

Overview of CRDB Bank

CRDB Bank Plc, headquartered in Dar es Salaam, is Tanzania’s largest commercial bank by total assets and customer base. Founded in 1996, it has grown into a regional banking giant with subsidiaries in Burundi and the Democratic Republic of Congo (DRC).

In 2025, CRDB continues to offer a wide range of financial services, including personal banking, SME loans, corporate financing, and digital banking products. But what sets it apart is not only its services—but the people and institutions behind it.

CRDB Bank Shareholding Structure in 2025

As of December 31, 2024, CRDB Bank has over 33,000 shareholders, ranging from institutional investors and pension funds to everyday Tanzanians. The top shareholders hold over 50% of the bank’s equity, giving them significant influence over decision-making.

Breakdown of Shareholding by Category

Top Shareholders and Their Roles

1. Danida Investment Fund (DIF) – 21%

A Danish development finance institution supporting inclusive economic growth in Tanzania. DIF influences ESG policies and long-term financial planning.

2. Public Service Social Security Fund (PSSSF) – 13.3%

Tanzania’s public pension manager ensures CRDB aligns with national development and stable pension returns.

3. National Social Security Fund (NSSF) – Uganda – 7.5%

NSSF Uganda’s cross-border investment reflects confidence in CRDB’s profitability and regional expansion strategy.

4. Zanzibar Social Security Fund (ZSSF) – 1.6%

Focused on Zanzibar’s social safety net, ZSSF invests in CRDB for long-term financial returns.

5. National Health Insurance Fund (NHIF) – 1.2%

Uses investment to strengthen reserve funds and improve national healthcare financial sustainability.

6. Umoja Unit Trust Scheme – 1.2%

This collective fund allows thousands of Tanzanians to own a stake in CRDB through pooled investments.

7. CMG Investment Limited – 1.1%

A strategic local investor interested in financial and technological innovation.

8. Hans Aingaya Macha – 1.3%

One of the largest individual Tanzanian investors, reflecting local trust and financial patriotism.

Institutional vs. Individual Ownership

Over 55% of CRDB shares are held by institutions. This guarantees:

• Expert-level corporate governance
• Long-term strategic alignment
• Better capital deployment

Meanwhile, 33,000+ individual shareholders hold the remaining 45%, making CRDB a truly public bank that empowers Tanzanian citizens.

Why Shareholding Structure Matters

The shareholder makeup of CRDB influences:

• Dividend policies
• Corporate social responsibility (CSR)
• International funding access
• Regional expansion efforts
• Governance standards

Large institutional investors ensure that CRDB operates at a high level of transparency, compliance, and accountability.

CRDB Bank Dividend Policy and Shareholder Returns

CRDB Bank reported a profit after tax of TZS 551 billion in FY2024, up 30% from the previous year.

CRDB BANK PLC Dividend Highlights:

• 2023: TZS 50 per share
• 2024: TZS 65 per share
• Projected 2025: Further dividend growth aligned with profitability

CRDB remains one of the most attractive dividend stocks on the Dar es Salaam Stock Exchange.

Future Outlook and Growth Strategy

Key Growth Areas:

• Digital Banking: Focus on mobile-first financial services
• Regional Expansion: Targeting Rwanda and Kenya after successful entry into DRC
• Sustainability: Green financing and financial inclusion programs
• Customer-Centric Innovation: AI-driven products and better customer service

With strategic shareholder backing, CRDB is well-positioned for sustainable growth in East Africa’s financial sector.

Conclusion

In 2025, CRDB Bank is not just Tanzania’s financial leader—it’s a reflection of trust and strategic alignment between local, regional, and international investors. The shareholders of CRDB—especially giants like DIF, PSSSF, and NSSF Uganda—are helping to shape a stable, inclusive, and tech-forward banking environment in Tanzania.

Whether you’re an investor, policy analyst, or banking professional, understanding CRDB Bank’s shareholder structure in 2025 is essential to grasping the bank’s role in the region’s economic future.