The Opportunity International Bank of Malawi (OIBM) closed three of its branches in the northern region. According to some inside source, the affected branches include Chitipa, Nkhata-bay and Jenda in Mzimba districts. “The OIBM has indeed closed its branches in Chitipa, Nkhata-bay and Jenda. We were surprised today morning when the supervisor told us to […]
Malawi police in the central region district of Kasungu have arrested an Opportunity International Bank (OIBM) operations supervisor suspected of stealing K1, 439, 000 from a customer’s account. Kasungu police station spokesperson Edwin Kaunda confirmed the development to Nyasa Times on Wednesday. Kaunda said the suspect Lincy Mandali who was OIBM’s operations supervisor for Kasungu Branch […]
The Opportunity International Bank of Malawi (OIBM) has opened another banking Kiosk in the city of Blantyre located in the second floor of the Everest House. OIBM’s Marketing Manager, Gift Livata said the opening of the kiosk is one way of meeting the high demand for their banking services. “We are a simple bank for […]
Employees of Opportunity International Bank of Malawi (OIBM) are filled with joy, happiness and excitement with the resignation of their chief executive officer Aleksandr Alain Kalanda. Kalanda has headed the microfinance bank for the past 5 years after the expulsion of the former CEO Rodger Voorvies who was an American. Many staff interviewed said the […]