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CRDB Bank is a leading financial services provider in Tanzania, with a current presence in Tanzania and Burundi. It was established in 1996 to succeed the former Cooperative and Rural Development Bank (CRDB). The bank is the largest, wholly owned private universal bank in Tanzania and has over 30,000 shareholders. CRDB Bank's major shareholders are Denmark Government-sponsored funds and leading Tanzania pension funds. The bank provides e-banking solutions and a mobile banking app called "SimBanking". Its network of branches allows access to Tanzanians across the country and provides diaspora in over 50 countries access to its services.