NBM plc supports BAM conference with K10 million
National Bank of Malawi plc (NBM plc) has reaffirmed its commitment to Malawi’s economic growth with a K10 million sponsorship towards the Annual Bankers Association of Malawi’s (BAM) Conference.
The conference is set to take place this Friday and Saturday in Mangochi.
Speaking during the cheque handover ceremony in Blantyre, NBM plc Client Coverage Manager, Nicholas Musaiwa, emphasised the Bank’s belief in collaborative development.
“As a member of BAM, wealth and investment recognises the importance of contributing to initiatives taking place at the lake. Our employees will also be participating, and we believe our involvement and collaboration with other stakeholders will bring greater value — not only to the Bank, but to the financial industry as a whole.”
“Banks do not operate in isolation. We exist because customers are there for us. That is why we engage with our partners, customers, and all relevant stakeholders who drive economic growth in Malawi. Working together as a team, not just as a sector but in a spirit of collaboration, is key to building sustainable development,” said Musaiwa.
He also emphasised that their role as banks is to support businesses and individuals in growing, providing financial solutions, and strengthening the economy.
“We align our activities with Malawi’s national agenda, ensuring that the work we do contributes meaningfully to the country’s long-term growth and prosperity,” said Musaiwa.
BAM Chief Executive Officer (CEO), Lyness Nkungula, welcomed the sponsorship, describing it as a timely boost ahead of the two-day conference.
“We do not take this support for granted. NBM plc has been there for us, and given the current economic climate, this sponsorship is both timely and impactful. It will enable us to finalise arrangements and cover essential costs for this year’s event,” said Nkungula.
This year’s conference, which will be held under the theme ‘Getting the Future Together: The Phenomenon of synergy,’ will focus on the collective responsibility of all stakeholders in driving Malawi’s economic recovery.