Malawi President Mrs Joyce Banda on Tuesday officially opened she opened a state-of-the-art K7.5 billion (about $30m) Nation Bank of Malawi (NBM) Towers in Blantyre. The state of the art NBM head office has nine floors, two of which are base floors. Construction of the multi-billion project commenced in 2004 and opened its doors in […]
Five suspected robbers who went on a shopping spree after robbing National Bank of Malawi at its Cross Roads branch in Lilongwe about K27 million in April this year have been arrested. Lilongwe Police Station Officer, Senior Assistant Commissioner Casper Chalera, confirmed to Nyasa times that police arrested five out of seven robbers on Monday. […]
A gang of men, believed to be armed with panga knives, have robbed National Bank of Malawi at its Cross Roads branch in Lilongwe about K27 million, police has confirmed. According to Police Deputy Publicity Officer Kingsely Dandaula, the robbery occurred on Thursday He said aid the two gained entry into the financial institution using […]
While most Malawians are grappling with worse economic situations, others are not feeling the pinch with conglomerate Press Corporation boss Matthews Chikaonda pocketing a whooping K35 million in bonuses alone. Chikaonda, Chief Executive Officer for Press Corporation Limited (PCL), which has controlling shares in some of the big companies in the country namely National Bank, […]
Following a successful completion of the construction of its magnificent head office in downtown Blantyre, National Bank of Malawi (NB) has sold two of its long-standing banking buildings in the city, Nyasa Times can reveal. The financial services company has sold its structure standing next to Chayamba Building which used to house Henderson Street Branch […]
First, let me congratulate National Bank of Malawi for constructing a beautiful office building. A seasoned engineer friend who was taken around the building came back shaking his head in awe. How nice! But probably all other Malawian banks should also invest with similar energy in improving their service. In most banks: i) Queues are […]
National Bank of Malawi says its new multi-million kwacha worth headquarters located in Blantyre opposite the Reserve Bank of Malawi is now operational. Annie Magola, National Bank’s corporate affairs manager said they have initially opened the Henderson Street branch within the head office at the corner of the street and Hannover Avenue. The bank said […]
Despite assuring the public last week that it is on track to migrate to a new banking system, National Bank of Malawi is literally struggling to acclimatise to its newly installed bank software, the Temenos 24. The system also known as T-24 in the banking circles was acquired by the bank 3 years ago but […]
The short supply of and deteriorating state of K20 banknotes has led to National Bank of Malawi stopping issuance of it. The bank’s Corporate Affairs Manager Annie Magola said the move was because the Reserve Bank of Malawi (RBM) was no longer issuing the K20 notes despite several requests for it. But Nyasa Times understands […]