National Bank of Malawi (NBM) plc on Tuesday joined the nation in giving the Malawi National Women’s Football Team a warm send-off at Kamuzu International Airport (KIA) ahead of the 2026 Women’s Africa Cup of Nations (WAFCON), which kicks off later this month in Morocco. The Scorchers qualified for the tournament for the first time […]
National Bank of Malawi (NBM) plc has concluded its nationwide ‘Guess the Jersey’ Challenge with the final activation held at its Zomba Service Centre on Friday. During the activation, 20 more people won the Scorchers team jerseys marking the end of the bank’s customer engagement campaign ahead of the close of ‘Waku WAFCON’ promotion which […]
One of the country’s leading financial institutions, National Bank of Malawi (NBM) plc have warned that the effects of the recent fuel price increases will soon have a direct impact on people’s lives. The Malawi Stock Exchange (MSE) listed bank in its April 2021 Economic Newsletter, however, says the inflationary pressure is expected to ease […]
National Bank of Malawi (NBM) plc on Thursday handed over items worth K10 million to the Citizens Response to Covid-19 Initiative for the fight against the pandemic. The Bank pledged to pay for the items a few months ago after members of the Initiative, which is being led by France based Onjezani Kenani sourced the […]
Listed National Bank of Malawi (NBM) plc has registered a group profit after tax of K22.45billion from K17.16 billion in 2019 representing an increase of 31% for the period ending 31 December 2020. In a statement signed by the Bank’s Board Chairman Dr George Partridge, Board member Dorothy Ngwira, Chief Executive Officer Macfussy Kawawa and […]
The inaugural National Bank of Malawi (NBM) plc sponsored online chess tournament took place at the weekend and lured an unprecedented 166 participants. Played online on lichess platform as part of the MK3.6 million sponsorship by NBM plc, the tournament was split into four categories namely: First Timers, Juniors, College students and Open section for […]
National Bank (NBM) Capital Markets, a subsidiary of National Bank of Malawi, have done to the rescue of Chiradzulu District Hospital by donating an air conditioning machine for its surgical theatre. In his vote of thanks at the presentation ceremony on Tuesday, the hospital’s Senior Health Officer, Dr. Madalitso Kalima said all air conditioners for […]
National Bank of Malawi (NBM) plc has sponsored the Institute of Bankers (IOB) in Malawi 2nd annual Women’s Conference with K1 million in the Gold Category. The second IOB women conference will be held virtually through Microsoft teams from 18th to 19th March 2021 under the theme ‘Women that deliver’. NBM plc Marketing and Corporate […]
Listed National Bank of Malawi (NBM) plc has completed the acquisition of a 51% controlling stake in Akiba Commercial Bank plc (ACB) in Tanzania at a consideration of USD 7.31 million through a share subscription. NBM plc Chief Executive Officer Macfussy Kawawa expressed in an interview yesterday that the acquisition is in line with NBM […]
Listed National Bank of Malawi (NBM) plc has rolled out a Valentine promotion dubbed ‘Va Ma Love Ndi Mo’ where customers will walk away with cash prizes totaling to K6 million. NBM plc Marketing and Corporate Affairs Manager Akossa Hiwa said in an interview yesterday that at least 120 customers with the highest number of […]
National Bank of Malawi (NBM) plc has contributed a total of K70 million towards the fight against the Covid-19 pandemic following the declaration of a state of disaster by President Lazarus Chakwera on 12th January 2021. The Bank contributed K10 million through the Citizens Response to Covid-19 Initiative a few days ago and has further […]
The Trustees of National Bank of Malawi (NBM) Pension Fund have migrated NBM plc ex-employees’ benefits from the Fund to Nico Life Assurance Company effective 1st January 2021. Announcing the change in Blantyre, NBM Pension Administration Limited Chief Executive Officer William Mabulekesi said the move has been necessitated because of the differences in risk profiles […]
National Bank of Malawi (NBM) plc has rolled out an insurance premium financing facility where the bank will pay annual insurance premiums on behalf of its customers thereby freeing up their cash flow in the process. Announcing the introduction of the facility in Blantyre, NBM plc Head of Retail Banking Division Oswin Kasunda said the […]
Listed National Bank of Malawi (NBM) plc Saturday night awarded innovators in various categories in the ICT Association of Malawi (ICTAM) Innovation Jam awards in Mangochi. Software systems developer Samson Fiado emerged overall winner in the Fintech category with his ‘Easy Books Accounting’, a simple to use and affordable web-based accounting package developed to manage […]
National Bank of Malawi (NBM) plc has challenged the information and communication technology (ICT) entrepreneurs and young innovators to think globally and compete internationally. NBM said it is ready to provide funding to help them realize their dreams of creating socio economic viability for their initiatives which will positively impact on their communities and the […]
Listed National Bank of Malawi (NBM) plc on Tuesday made a final draw in the ‘Go Cashless and win’ promotion which it partnered retail shop giants Shoprite and PEP Stores to promote cashless transactions. The two month long promotion saw people winning shopping vouchers from the two stores worth K4 million when they paid for […]
National Bank of Malawi (NBM) plc has donated K3 million to the Institute of Chartered Accountants in Malawi (ICAM) towards their annual lake conference scheduled for 12 to 14 November 2020 in Mangochi. Speaking in Blantyre during the cheque presentation ceremony on Wednesday, NBM plc Chief Finance Officer Masauko Katsala said the conference is important […]
National Bank of Malawi (NBM) plc and the ICT Association of Malawi (ICTAM) have made a call for submissions from Innovators for the 2020 Innovation Jam Challenge, results of which will be announced at the Annual ICT Innovations Awards scheduled for 11-12th December 2020. This follows the signing of a memorandum of understanding (MOU) between […]