One of the oldest commercial banks in the country, Standard Bank, has hired a new chief executive officer. He is a Malawian seasoned banker, Phillip Madinga whose contract starts from January 1 2021. According to the bank, Madinga succeeds William le Roux who has been CEO for the bank for the past three years. A […]
Malawi’s celebrated R ‘n’ B star, Kell Kay, on Saturday night unveiled a new song, ‘It can be’, as a gesture of appreciation to Standard Bank for sponsoring his final live show before his engagement with his sweetheart Tamanda the following day. ‘It can be’ is a song that urges Malawians to embrace the endless […]
Malawi’s economic growth will be muted this year due to effects of the Covid-19 pandemic and will be characterized by foreign currency supply shortages, Standard Bank has forecast. While the bank itself seems to have survived the initial Covid-19 onslaught by posting a decent 56 percent profit in the first six months of the year, […]
As way of contributing towards the fight against Covid-19 pandemic, Standard Bank PLC on Wednesday donated assorted medical items valued at K90 million to Government of Malawi targeting the country’s major hospitals and other frontline workers. The donation has since been channelled to Queen Elizabeth Central Hospital, Kamuzu Central Hospital, Mzuzu Central Hospital and Nurses […]
Malawian seasoned banker, Phillip Madinga, has been appointed Chief Executive Officer (CEO) for Standard Bank-Malawi, promoted from Head of Personal and Business Banking. Madinga returned to Standard Bank in January from NBS Bank plc where he was chief commercial officer. Before joining NBS Bank plc , Madinga made a surprise resignation from FMB Bank plc where […]
Standard Bank plc has appointed the first female Associate Professor of Law at Chancellor College – a constituent of the University of Malawi – Ngeyi Kanyongolo as its chairperson. According to a statement by the company’s secretary, Norrah Nsanja, the appointment is with immediate effect following the retirement of Rex Harawa as the director during […]
Standard Bank is encouraging customers to adopt its digital banking platforms as a preferred option to visiting a physical branch. According to Standard Bank Plc Chief Executive, William le Roux, even though there is no confirmed Covid-19 case yet in Malawi, the bak continue to undertake precautionary measures to minimise any possible risks of spreading the […]
In its quest to extend reach of customer-centric solutions to Malawians in all regions, Standard Bank has opened an Executive Suite at its Mzuzu main branch to offer targeted and convenient services to private and executive customers. The new banking suite – which offers modern and personalized service – has primarily been put in place […]
Standard Bank Plc Head of Personal and Business Banking Phillip Madinga has announced the launch of BizSure, a new insurance to protect small and medium businesses from general risks. BizSure will be provided in partnership with Liberty General Insurance Company and will offer peace of mind for SMEs in times of uncertainty. Madinga says BizSure […]
Mulli Brothers Holdings Limited (MBHL), a company owned by an official with high level connections to the State presidency and the Democratic Progressive Party (DPP) risks being declared bankrupt for failing to pay back a K190 million loan to Standard Bank of Malawi. According to High Court documents seen by Nyasa Times from the Commercial […]
The stakes are high at Saturday’s Golden Jubilee Invitational by Standard Bank as up to U$5,000 (K3.6 million) is up for grabs by any golfer that hits the ace or Hole-in-One at Lilongwe Golf Club. Standard Bank of Head of Marketing and Communications Thoko Unyolo said the surprise package underlines the bank’s commitment to share the wonderful […]
A seasoned banker Phillip Madinga has returned to Standard Bank of Malawi where he will now be Head of Personal and Business Banking. Standard Bank chief executive officer William le Roux has since welcomed back Madinga who returns from NBS Bank plc where he was chief commercial officer. “Phillip has a wealth of experience in […]
On the occasion of this year’s Day of the Girl Child, Standard Bank took lead in the banking sector to mentor about 400 girls in selected branches nationwide on October 11. Explaining why the bank hosted the girls, Chief Financial Officer Temwani Simwaka said this is the third year that the bank has commemorated the […]
Standard Bank has for the second-year running been named Malawi’s Best Investment Bank in the Euromoney African Banker Awards. Euromoney has been the leading publication for covering the growth of international finance for the past 50 years. Over the past 12 months its coverage has included interviews with close to 100 bank CEOs, ministers of […]
Standard Bank Plc says it is committed to promoting the country’s tourism through sponsorships towards international events that gather people from across the continent and beyond. Speaking last Friday on the beaches of Chintheche at the conclusion of a week-long Lake Malawi Sailing Marathon, Standard Bank representative at the event, Kojo Larbi, said the event […]
TNM Mpamba Ltd has partnered Standard Bank Plc to create a seamless highway for funds transfer from both sides. The partnership gives customers seamless control of their financial transactions and takes financial inclusion to a higher level. The partnership is a continued quest by both TNM Mpamba Ltd and Standard Bank Plc through their array of digital finance products to enhance […]
Standard Bank says it remains committed to collaborate with Government of Malawi in supporting education interventions that will drive the country’s development forward both in short and long term. The bank’s chief financial officer, Temwani Simwaka, said this at Mponela 2 Primary School in Dowa district when Standard Bank donated supplementary learning materials valued at […]
An employee of Standard Bank, Blantyre Branch, Yohane Makowa Banda and his girlfriend, Sibongile Beni have been sentenced to seven and five years Imprisonment with Hard Labour (IHL) respectively over theft and money laundering. Public Relations Officer of Blantyre Police Station, Sub Inspector, Augustus Nkhwazi said Banda was working with Standard Bank as a teller […]