Consolidated Holding Corporation (CHC) (formerly known as NBC Holding Corporation) is a statutory corporation established by the Parliament through enactment of the National Bank of Commerce (Reorganization and Vesting of Assets and Liabilities) Act No 23 of 1997 (now Chapter 404 of the Laws).
In 2007, the National Assembly passed amendments to Cap 404 through Acts Nos. 10 and 26 of 2007 to vest all the remaining activities of the Loans and Advances Realization Trust (LART), Air Tanzania Holding Corporation (ATHCO), SIMU 2000 Ltd and Presidential Parastatal Sector Reform Commission (PSRC) to the Corporation (CHC).
Our Vision
CHC aspires to become a strong and capable organization that will effectively and efficiently accomplish its functions for the
national interest.
Mission Statement
Consolidated Holding Corporation is committed to apply the best commercial perspectives in the disposal of residuals assets, collection of charged off loans, liquidation of public enterprises, divestiture, coordinating regulatory authorities, monitoring and evaluation of privatized entities and finalization of all cases transferred to the Corporation by virtue of the establishment Act.
Our Core Values
- We understand that to be effective we must be innovative and responsive to change.
- We value integrity, diligence and highest ethical standards
- We value team work spirit
- We value our clients (stakeholders) satisfaction and high quality service delivery.
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