MSB Bank channels K5m floods aid to World Vision Malawi

The state-owned Malawi Savings Bank (MSB) has donated money worth K5 million to World Vision Malaw towards response to the disaster of floods that has devastated the southern Africa nation.

Bonongwe hands over MSB bank cheque to World Vision

Bonongwe hands over MSB bank cheque to World Vision

Bonongwe (L) with  MCCCI boss Chancellor Kafreaoanjira during the donation

Bonongwe (L) with MCCCI boss Chancellor Kafreaoanjira during the donation

The donation was made at a function which took place on Wednesday at MSB Head Offices in Blantyre in the presence of World Vision Malawi Programme manager Onga Loyce Mkuzi and MSB Chief Executive Officer Ian Bonongwe.

Bonongwe said as MSB, they have a presence in all corners of the country in so doing they felt obliged to respond to the call to action to assist fellow Malawians, who are their customers, brothers and sisters.

“This also follows calls from the State President who on the 13th of January declared a state of National Disaster.  He requested all people of goodwill to support the affected people in the 15 districts of Malawi declared disaster districts,” said Bonongwe.

He went on to state that, “In response to that call, Malawi Savings Bank today presents a cheque of MK5 million to the flood victims, we partner with World Vision Malawi, who already are a strategic partner involved in the relief work.”

He said as “Today’s Peoples Bank”, this response is one of the many corporate social responsibility activities MSB will be involved in this year as Corporate Social Responsibility is a core value they have as a bank.

He also hailed World Vision for letting them be part of the great work they are doing.

World Vision Malawi Programme manager Onga Loyce Mkuzi thanked MSB for what she described as kind gesture.

“We do not take this for granted because for MSB to trust WVI of all thousands of NGO’s in the country is not a joke.  Let us assure MSB that the money donated will be used for intended purposes,” said Mkuzi.

She also urged other companies to emulate MSB example by assisting with more materials towards the flood victims.

“We need every hand so that our fellow countrymen affected can get food, shelter, medicine and even moral support. Let us all share the plight of the people affected by floods,” she said.

Mkuzi said, so far 58,558 household have been affected with the floods in Malawi and that they have already assisted 2000 household.

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14 thoughts on “MSB Bank channels K5m floods aid to World Vision Malawi”

  1. KUKHALA says:

    i agree with alleagtion(s) by number 8 comment herein, where are AMWENYE who are busy looting Malawians money with/via our Government tenders and also evade taxes . MWENYE no giving back to local community but home of origin one only.

  2. Chindazi says:

    Every one making Donations for flood victims through NGO’s….. make sure that the NGO’s and any one account for the donations received…. otherwise the donations may not reach the intended beneficiaries…..

    POLICEMEN do not steal when guarding for the items where ever you have been placed.

    PLEASE PLEASE PLEASE!!!! do not enrich yourselves with these donations.

  3. o says:

    What contradictions Isn’t MSB is broke? Isn’t Bonongwe transfered to Capital Hill?

  4. Chikadzakuwani says:

    Iwe Wagwanayo ufiti chani? Kuti unene chomwecho bank isathandize anthu wobvutika ndi madzi?

  5. Kaphaizi says:

    Kodi makampani ena aboma akutani on this issues of flood victims? Ntchito kugula ma table kukakhala fund raing ya zipani zaboma kuti akuoneni a president. Cant emulate MSB Bank gesture?

  6. Tiko says:

    Amwenye sakumveka bwanji? This tribe of people has no remose

  7. Cashgate 1 says:

    I have in mind banks like Standard Bank, National Bank, they leap a lot from Malawians but for them to give back, eeeeeish?

  8. Kanyimbi says:

    kupatsa kutidalitsa koposa kulandira.

  9. chakwanuleka says:

    This bank needs Mk23.5 billion or else liquidate. The CEO pleads for six months grace period before seeing the axe. Finance minister categorically says government has no money to bail out MSB. Behind the scenes we hear local investors are ready to buy government shares in MSB so international investors are not a priority. Meanwhile our 92 billion is still missing and no one knows who is keeping it. The question now is: should we really say that this bank is in any crisis? If so, is the management not aware of it? A donation of this magnitude from a bank in trouble must have been approved above the CEO, has the situation suddenly changed in the eyes of the directors. I am wondering aloud and suspect DPP is involved in the problems of this bank.

  10. Patriot says:

    Mwazitenga kuti ndalamazo? Mayesa mukugulitsa banki inu?

  11. wadabwa says:

    You banks make a lot of money from the ppl in the country. Some of the people that have been effected from these floods are you customers too. So instead of sitting on the billions of kwacha’s on profits you make from these people you only decide to give 5 million kwacha. What a shame on you.

  12. This is quiet encouraging you can’t just sit operating bussiness in Malawi seeing such big isues no response walkup banks, companies small and big

  13. wagwanayo says:

    Che Bonongwe banki yanu ili pamsika. Inu ndiye mukutapa ndalama zambiri zabanki yovutikayi

    1. mbwaxe says:

      My freind this bank is being managed by foolz!!! The bank is in red but ur busy donating money!! This smacks gross stupidity! This country is indeed full of morons and motherfuckers!!!!!!

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