Terms and Conditions of Scholar Banking Challenge
1. You are not allowed to register for the competition under more than one name or using multiple sim cards. Any attempt to enter the competition using multiple identities will result in disqualification.
2. You are required to use a SIM card that matches the name on your official identification card. The name on the SIM card must be identical to the name shown on the NIDA Identification Card. Failure to comply with this rule may result in disqualification from the competition.
3. To win the Challenge, you must achieve a rank of 1st place. Rankings will be based on the highest point score in the competition on the final day of the digital challenge.
4. During the Challenge, your point scores will be awarded only if you meet the following conditions:
– A positive (+ve)% net interest margin;
– Your performance measures must meet BENKI KUU rules:
-(LCR) Liquidity Coverage Ratio (Ukwasi) ABOVE 70%
-(LDR) Loan to Deposit Ratio (Mikopo/Amana) BELOW 80%
-(NPL) Non-Performing Loans Ratio (Mikopo Chechefu) BELOW 5%
-(CAR) Capital Adequacy Ratio (Mtaji) ABOVE 10.5%
5. When entering numbers for Amount; Limit; Interest Rate; Term, do not use commas (,), letters (TSH), or spaces. Just enter the numbers.
Terms and Conditions of Scholar Banking Challenge
