National Bank of Malawi (NBM) plc has partnered with a cancer awareness and rights organization, Think Pink Malawi to hold this year’s annual breast cancer awareness virtual walk slated for this Saturday (tomorrow). NBM plc Marketing and Corporate Affairs Manager Akossa Hiwa said in an interview that due to Covid-19 pandemic restrictions, this year’s walk will be a […]
National Bank of Malawi (NBM) plc Wednesday donated K1.5 million towards this year’s Economics Association of Malawi (ECAMA) annual lake conference slated for November 19-20 this year. Presenting the cheque in Blantyre, NBM plc Service Centre Manager for Henderson Street Service Centre, Tamara Mtuwa said the conference is coming at a time that the world economy including Malawi’s economy […]
National Bank of Malawi (NBM) plc has partnered with retail giants Shoprite and PEP stores to run the Go Cashless and Win promotion in which customers will win shopping vouchers worth K4 million if they use their NBM plc visa cards at NBM plc Point of Sale (POS) devices to pay for goods and services […]
Listed National Bank of Malawi (NBM) plc has donated K2.5 million towards cancer screening and treatment of vulnerable men and women through a cancer awareness and rights organization, Think Pink Malawi. Speaking during the handover of the cheque in Blantyre at the weekend, NBM plc Marketing and Corporate Affairs Manager Akossa Hiwa noted that the […]
National Bank of Malawi (NBM) plc has appointed Harold Jiya as its deputy chief executive officer and chief commercial officer effective October 1 2020. Until his appointment, Jiya served as the NBM general manager and head of wholesale banking since 2016. Prior to this, he served as Head of Corporate Banking at the Malawi Stock […]
Listed National Bank of Malawi (NBM) plc on Friday donated K1.5 million to the Institute of Bankers in Malawi (IOB) towards this year’s Bankers Conference scheduled for early next month. Making the donation, NBM plc Head of Cards &eBanking William Kaunda said the theme of the conference ‘Surviving the VUCA world: The age of Business […]
Listed National Bank of Malawi (NBM) plc Wednesday donated face masks worth K2 million to Blantyre City Council (BCC)’s ‘Donate a mask’ campaign to protect vulnerable school pupils in the city from Covid-19 pandemic. Making the donation in Blantyre, Chief Executive Officer for NBM Development Bank Limited, a subsidiary for NBM plc Lucious Mandala said […]
National Bank of Malawi (NBM) Unrestricted Fund Pension Fund Limited has merged with Indetrust Limited Pension and Death Benefits Fund and will now be known as NBM PAL Unrestricted Pension Fund. Making the announcement in a statement, NBM Pensions Administration Limited chief executive officer, William Mabulekesi said the merger is in compliance with the Pension […]
National Bank of Malawi (NBM) plc has teamed up with Growth Africa and Mhub to develop and distribute targeted video content to start-up businesses under the Growth Accelerator programme to address specified needs and gaps in their businesses amid the Covid-19 pandemic. NBM plc is a financing partner for the United Nations Development Programme (UNDP) […]
Malawi could be heading for economic recession with gross domestic product (GDP) projected to contract by -3.5 percent as the financial toll of the coronavirus continues to escalate. A recession is a macroeconomic term that refers to a significant decline in general economic activity. Malawi did not go into full national lockdown for Covid-19, but the local […]
National Bank of Malawi (NBM)) Plc has temporarily shut down its Chichiri Services Centre in Blantyre after some of its employees have tested positive to the coronavirus (Covid-19) pandemic. The financial institution said the centre shall remain closed for 14 calendars days. “In line with the bank’s Covid-19 response plan, the bank shall disinfect the […]
National Bank of Malawi (NBM) plc has reported a profit after-tax of K17.16 billion in the year ended December 31 2019, representing seven percent increase. The profit has jumped from K15.97 billion the year before. Speaking during the Malawi Stock Exchange-listed bank’s 48th Annual General Meeting (AGM) held virtually due to the coronavirus (Covid-19) pandemic, […]
National Bank of Malawi (NBM) plc Chief Executive Officer Macfussy Kawawa paid a surprise visit to Mulanje Service Centre where he awarded all staff members with various gifts for an excellent internal audit score. Kawawa said he was impressed with the audit score of 82% in 2019 from 59% the previous year. “This is to […]
National Bank of Malawi plc, the country’s biggest commercial bank by assets and profitability, has launched cardless cash withdrawal facility from its Autoteller Machines (ATMs). The Malawi Stock Exchange-listed bank launched the facility in Blantyre which caters to the unbanked, as well as the banked. The cardless withdrawal service allows users to generate a token through […]
National Bank of Malawi (NBM) plc has launched ‘unlock your potential’ campaign where the bank engages various professionals to offer advice and counsel to customers and the general public in the wake of the coronavirus (Covid-19) pandemic. NBM plc Marketing and Corporate Affairs Manager Akossa Hiwa said in an interview yesterday that with the general […]
National Bank of Malawi (NBM) plc has hailed its customers and staff members for adhering to measures put in place by the Bank’s Corona Virus Response Committee to prevent the spread of the pandemic Covid-19. NBM plc Marketing and Corporate Affairs Manager Akossa Hiwa said in an interview yesterday that most customers are now adhering […]
Listed National Bank of Malawi (NBM) plc has registered a group profit after tax of K17.16 billion from K15.97 billion reported in 2018 representing an increase of 7%. In a statement announcing the financial results ending 31 December 2019 signed by NBM plc board chairman George Partridge, board director Dorothy Ngwira, NBM plc chief executive […]
National Bank of Malawi (NBM) plc on Thursday donated K1 million to Electricity Supply Corporation of Malawi (ESCOM) which is hosting international power meetings which starts on Tuesday (March 3, 2020) in Lilongwe. Presenting the donation, NBM plc Head of Operations Brian Boby said the Bank decided to contribute towards the 54th Southern Africa Power […]