Standard Bank has become the first bank in Malawi to reduce interest rates to 32% from 38% in a move Chief Executive Officer Andrew Mashanda says aims at giving the bank’s customers opportunity to obtain affordable loans for reinvestment. Mashanda said in a statement on Friday the bank’s new base lending rate of 32 percent takes effect […]
A week after Standard Bank donated K23 million worth of relief items to flood victims, Chief Executive Officer Andrew Mashanda has visited the thousands of the victims in their camps in Chikhwawa to further assess the situation. Speaking at Tizora II village camp where an estimated 1,400 flood victims are being pitched, a visibly shocked […]
Standard Bank Malawi will intensify provision of digital and internet banking services as a part of its 2015 growth strategy, Chief Executive Officer Andrew Mashanda has said. Speaking at an interaction with journalists in Blantyre, Mashanda said the bank’s digital ambitions aim to add value to its current business offerings while enriching the customer’s experience. […]
Malawi’s Standard Bank has announced the postponement of the Joy of Jazz concert until 2015, due to scheduling commitments of artists in the planned line-up. The popular Standard Bank Joy of Jazz event is to be revitalized in its focus, staging and concept, promising Malawian music lovers an improved and unique experience. Explaining the decision, […]
Following a fire which affected Lilongwe Branch on the evening of October 4, Standard Bank announced it is open for business as usual from Monday. “The fire was put out and the situation is under control. The branch will proceed to open for business on Monday, October 6, 2014 as normally,” Standard Bank chief executive Andrew Mashanda […]
Standard Bank of Malawi will send winners of its invitational golf tournament slated for this weekend, to participate in the Mauritius Open in October this year. The bank hosts an invitational golf day on Saturday, June 7, 2014 at Malawi’s new golf facility, M’bawa Country Golf Club. The golf club at Bvumbwe in Thyolo is […]