Independent presidential candidate in the May 21 2019 tripartite elections Rev Hardwick Kaliya has a lost a case against National Bank of Malawi (NBM) in which he was claiming damages for false imprisonment, malicious prosecution, defamation and a refund of the sum of K4 500 000 plus interest and costs. Kaliya through his lawyer Shepher […]
National Bank of Malawi (NBM) plc has donated various items worth K20 million towards flash floods victims in the 12 districts affected by the recent Cyclone Idai. Minister of Homeland Security Nicholus Dausi on Tuesday received the items in Blantyre on behalf of the Department of Disaster Management Affairs (Dodma) which falls under his ministry. […]
There was a fire scare at Lilongwe old town National Bank on Wednesday sending customers and staff into panic mode. The sound of fire engines attracted the attention of shoppers and workers in the surrounding offices who rushed to the scene in large numbers. When Nyasa Times visited the scene the situation had been brought […]
National Bank of Malawi (NBM) plc Thursday donated 152 desks worth K6 million to Luntha Community Day Secondary School in Zomba rural as part of its corporate social responsibility (CSR) initiatives. NBM Chief Executive Officer Macfussy Kawawa said a well-educated nation is a platform for a vibrant economy and supporting Luntha CDSS was one way […]
National Bank of Malawi (NBM) could be set to axe a number of senior staff as it looks to reduce its operational expenses. According to a circular dated February 25 2019 seen by Nyasa Times signed by head of business resources Charles Dulira, the country’s biggest commercial bank, plans to cut jobs have been made […]
National Bank of Malawi (NBM) plc officials and the Malawi Defence Force (MDF) 93rd Brigade Friday planted almost 9,000 tree seedlings at the Changalume Barracks in Zomba. Commander of the 93rd Brigade Colonel Blaise Saenda said their partnership with NBM to plant trees will is very critical in the economic development of the country. “The […]
National Bank of Malawi (NBM) plc Saturday flew two winners in the Fiesta Save promotion to Sun City, South Africa for a fully paid one week holiday. The two, Felix Maulidi and Malawi’s Ambassador to Kuwait Wilfred Ali left with their spouses through Chileka Airport in Blantyre aboard a Malawian Airways flight. Speaking after seeing […]
National Bank of Malawi and Telekoms Network Limited (TNM) on Friday forged partnership through which customers of the two companies will be able to transact on mobile banking platform Mo626 sand TNM Mpamba mobile money service. National Bank of Malawi head of Cards and E- Banking Division William Kaunda said the innovation defines good customer services, […]
Zomba Senior Resident Magistrate Texious Masoamphambe has convicted James Nansongole of Mangochi National Bank service on theft by servant charge. Nansongole, who was the bank’s teller was arrested in 2015 for stealing K 36 million at Mangochi National Bank Branch. He was being accused of fabricating transactions for the past four months without corresponding cheques […]
National Bank of Malawi (NBM), the Malawi Stock Exchange (MSE) listed financial institution, has posted a 2017 profit of K19.15 billion, up from K16.6billion from the previous year, registering an after tax profit growth of 15%. A statement of financial results for the year ending 31st December 2017 indicated that the bank has achieved an overall growth […]
National Bank of Malawi (NBM) has raised fears that the country might not be able to attain the set five-percent inflation rate target due to stickiness in non-food inflation. The bank raised the fears in its edition of Economic Newsletter for the month of February, 2018 following a decline of non-food inflation by five percentage points in […]
Listed National Bank of Malawi (NBM) plc has won an international award for innovative solutions and social impact in Micro-, Small and Medium Enterprise finance. The European Investment Bank (EIB), Bank for the European Union, gave out the award to NBM through its Head of Personal and Business Banking Oswin Kasunda at the 3rd EIB […]
National Bank of Malawi (NBM) plc, a subsidiary of conglomerate Press Corporation Limited (PCL) plc has opened a new service centre at the Chichiri Shopping Mall in Blantyre. The new service centre is in a more spacious and bigger unit, formerly occupied by mobile phone operator, TNM, another subsidiary of PCL plc, after operating from […]
National Bank of Malawi (NBM) plc, a subsidiary of conglomerate Press Corporation Limited (PCL) plc has donated various food items worth K500 000 to Pashello Charitable Trust at Ngabu in Chikwawa. Pashello Charitable trust runs an orphanage which looks after over 100 orphans and vulnerable children in Chikwawa and also offer support to needy students […]
National Bank of Malawi (NBM) plc, a subsidiary of conglomerate Press Corporation Limited (PCL) plc has partnered with the Malawi Defence Forces (MDF) and the Roman Catholic Church to plant 100,000 trees this Saturday (January 6, 2018) which has been declared the NBM national tree planting day. NBM Head of Strategy Marketing and Corporate Affairs […]
National Bank of Malawi (NBM) has bade farewell to three senior management officials who have retired after decades of service with the “bank of the nation”. The event, which took place at NBM’s Learning and Growth Centre in Blantyre, was in honour of three senior management retirees—Head of Administration Tayemu Masikini, Service Centre Manager, Capital […]
National Bank of Malawi (NBM) plc Tuesday presented cheques worth K200,000 to Polytechnic and Malawi College of Accountancy (MCA) Mo626 College Basketball cheer teams for ‘making too much noise’ in supporting their teams. Each cheer team got a cheque of K100, 000 for their ‘noise’ both on the basketball court and on social media platforms […]
National Bank of Malawi (NBM) plc says its elated with the Corporate Social Investment (CSI) award it won at the Chartered Institute of Marketing (CIM)-Malawi Marketing Excellence Awards held at the weekend in Lilongwe. NBM Corporate Affairs Manager Annie Magola said in an interview with Nyasa Times that the bank is excited that it has […]