National Bank of Malawi (NBM) plc has donated K1 million towards the Rotary Club International conference which started in Mangochi on Wednesday. Presenting the cheque in Blantyre, NBM plc Enterprise Risk Manager Dereck Kabango said the bank feels that the conference is very important as members will share experiences with other countries like Zambia, Zimbabwe […]
Lilongwe based golfer Gershom Chima had every reason to walk tall in the corridors of Lilongwe Golf Club, when he emerged champion for the 2017 edition of National Bank of Malawi golf tournament held on Saturday, July 15, 2017 at the club’s 18-hole golf course. Holding a handicap of 18 prior to the tournament, the […]
National Bank of Malawi has awarded outstanding students in different faculties of Mzuzu University (Mzuni) as part of the bank’s social corporate quest to promote academic excellence in the country. Five students were awarded from the university’s five faculties which include the faculties of health sciences, education, environmental sciences, information science and communication and tourism […]
When I walked into the banking hall of National Bank – Mzuzu Service Centre – last week Friday, it was just a few minutes after lunch – around 12:16 after mid-day. I joined a troop of men and women and professionals and non-professionals all wanting to do this transaction and the other. Apparently, an uncle of mine […]
The Registrar of Financial Institutions has directed that Indebank operations be merged into National Bank of Malawi (NBM) operations within 12 months effective November 1 2015. This is in accordance with the country’s Financial Services Act, which does not allow a commercial bank to own or operate another commercial bank. NBM was announced successful bidder […]
Lilongwe based golfers Thakor Sanjay and Mina Mkandawire had every reason to brag about in the corridors of Lilongwe Golf Club (LGC) after emerging tops during the National Bank of Malawi Golf tournament held on Saturday, November 14, 2015 at the LGC’s 18-hole golf course. Sanjay, who played off handicap 12 emerged champion for the […]
National Bank of Malawi (NBM) has claimed the top position as Malawi’s biggest bank by both profits and assets if half year financial statements from NBM and its closes rival Standard bank are anything to go by. NBM were the first to announce their 2015 half year results recording a profit before tax of K11.7 […]
National Bank of Malawi (NBM), the biggest commercial bank by assets say Malawians should brace for the tougher times for Malawi’s economy in the coming months due to high inflation, high interest rates and a depreciating kwacha. It its lasted unaudited interim results released this week, the bank says the depreciating kwacha and food prices are likely to […]
The National Bank of Malawi (NB) Chief Executive Officer, George Partridge is under the Anti-corruption Bureau (ACB) investigation on allegations of collusive tendering and bid-rigging. ACB has instituted the investigations following a Competition and Fair Trading Commission (CFTC) investigations in 2012 which faulted Partridge’s leadership at Bankers Association of Malawi (BAM) of creating market monopoly […]
National Bank of Malawi (NBM) at the Henderson Street Branch in Blantyre has been slammed over their ‘cruel and degrading’ treatment of Blantyre-based entrepreneur William Sichinga when he wet himself in the middle of a the banking hall after he was refused use of the toilet. Sichinga said he was left ‘totally humiliated’ with the […]
Blantyre-based entrepreneur William Sichinga was left ‘totally humiliated’ when he wet himselff in the middle of a the banking hall of National Bank of Malawi’s (NBM) because staff refused to let him use the toilet. Sichinga who has four accounts at the bank waiting for about three hours to be served at the National Bank […]
In a more like case of children of the same father fighting to get recognition, telecommunication giant TNM has withdrawn from National Bank of Malawi (NBM) mobile phone platform after disagreements on charges. Both companies are subsidiaries of conglomerate Press Corporation Limited (PCL). NBM has been flighting radio adverts that starting at noon Tuesday, June 9, 2015, its […]
One of the commercial banks in the country, National Bank of Malawi (NBM) has announced it has raked in K 14.5 billion profit after tax in 2014 up from K12.7 billion earned in 2013, representing a 14.3 percent. NBM board chairperson Prof Matthews Chikaonda said the bank’s loan book registered a growth of 26 percent while […]
The Public Private Partnership Commission (PPPC) has announced that National Bank of Malawi (NBM) emerged the preferred bidder for the recapitalisation of the partially-State owned Indebank beating two other bidders including Mulli Holdings. PPPC chief executive officer Jimmy Lipunga said at a news conference in Blantyre that the commission concluded the evaluation of “the best […]
Blantyre-based business woman, Patricia Mwase has sued National Bank of Malawi (NBM) and its Chief Executive Officer (CEO), George Partridge for illegally divulging confidential information to the public and to members of Bankers Association of Malawi (BAM) which led to loss of business. Mwase, Director for licenced Credit Referencing Bureau (CRB) Credit Data Limited, has […]
Supreme Court of Appeal Judge, Rezine Mzikamanda has asked senior lawyers in the country to be exemplary and to always avoid denting the “good image” associated with their noble profession. Mzikamanda made the remarks Friday at Mount Soche hotel in Blantyre where the University of Malawi (Unima) with financial assistance from National Bank of Malawi (NBM) awarded 10 […]
National Bank of Malawi (NBM) today donated K20 million to flood victims through the Public Private Dialogue Forum, which is coordinating relief efforts through the Malawi Confederation of Chambers of Commerce and Industry (MCCCI). Receiving the cheque on behalf of the Forum, MCCCI Chief Executive Officer Chancellor Kaferapanjira thanked NBM for the donation promising that it […]
National bank of Malawi has donated K1 million to the Flames as they prepare the Africa Cup of Nations Qualifiers encounter against Mali on Saturday at Kamuzu Stadium. Chief Marketing Officer at National Bank of Malawi Wilkins Mijiga presented the cheque to Football Association of Malawi (FAM) Competitions Officer Gomegzani Zakazaka and Flames captain Joseph Kamwendo at Kamuzu Stadium after Flames […]