Standard Bank, one of the commercial banks in Malawi, has constructed a primary worth over K33 million in southern district of Chiradzulu in honour of its former Board Chair Alex Chitisime. Chitsime who hails from Che Januare village in the area of Sub Traditional Authority Onga in Chiradzulu where the school has been constructed, retired […]
South Africa’s award-winning songstress Lira and her Love Band arrive in Malawi this afternoon ahead of the inaugural Standard Bank-sponsored Blue Mingoli concert Saturday evening. According to an official itinerary seen by Nyasa Times Lira will jet in at 12:45 pm at Kamuzu International Airport before holding a press conference at Standard Bank Malawi head offices at 15:00 pm. Lira is later […]
Standard Bank has said the Blue Mingoli Concert will now be annual music festival and also aims to be part of Malawi’s Pop Culture. South Africa’s songbird Lira will headline the concert slated for October 24 at the Bingu International Conference (BICC) in Lilongwe. Lira, rated as the “foremost adult contemporary female artist in South Africa”, will […]
Standard Bank is pleased to unveil Peermont President Walmont Hotel, Umodzi Park in Lilongwe as its official hospitality partner for the ‘Blue Mingoli’ Music concert scheduled for October 24. Announcing the partnership Standard Bank Head of Marketing Thoko Unyolo said through the partnership Umodzi Park will provide hospitality services, including accommodation for the headline artist […]
Standard Bank has donated K1 million as contribution towards University of Malawi (UNIMA) golden Jubilee celebrations scheduled to take place on Saturday October 10 at Kamuzu stadium. Speaking during cheque presentation at Standard Bank regional office in Blantyre, the Bank’s Head of Investment Banking Shakil Satar said the bank appreciates the contribution that Unima has made in […]
Newly crowned Carlsberg Cup champions Mighty Be Forward Wanderers will have to sweat blood if they are to repeat their August 29 feat, having been handed tough fixtures during the draw for the K25 million Standard Bank Knock-Out Cup held last night at Standard Bank head office in Lilongwe’s City Centre. The Nomads, who have […]
Standard Bank has unveiled South Africa’s award-winning vocalist Lerato Molapo better known by her stage name as Lira as the headline artist for this year’s inaugural ‘Blue Mingoli’ Music concert scheduled for October 24 in Lilongwe. Lira will share the stage with Malawi’s own crooner Lawrence Khwisa, known on stage as Lulu. Rated by The Star newspaper of South […]
Standard Bank of Malawi has been ordered by High Court to produce cheque images that show transactions carried on the accounts of companies owned by cashgate convict Oswald Lutepo between April and October 2013 identifying those that benefited from the infamous cashgate scandal. The principal beneficiaries Lutepo, whose companies accounted for K4.2 billion (($7.5 million)of […]
Standard Bank has won this year’s Sub Custody Survey award organised by the Global Investor/ISF and was named the best Sub-Custodian in Malawi for 2015. Global Investor/ISF is a leading magazine that connects the industries of asset management, asset servicing and securities finance in the world and was launched in 1985. The Bank was publicly recognised […]
Standard Bank is pleased to announce that its annual jazz concert returns on October 24 with an international artist under a new brand platform called ‘Blue Mingoli’. ‘Blue Mingoli’ is a celebration of the Standard Bank’s iconic corporate and brand identity that has blue as the outstanding color. Locally, ‘Mingoli’ means a tune. Head of Personal and […]
Standard Bank says its trade finance products and services hold the key to unlocking the potential of importers and exporters in stimulating Malawi’s economic growth. Head of Trade Finance, Ronald Tembo said this in the wake of the bank’s latest positioning as market leader in the provision of key trade finance products such as foreign […]
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 […]
Standard Bank, one the country’s commercial banks, says its drive towards digital banking frontier has received a positive response and 516 new customers have registered for Internet Banking. This translate to 1,600 transactions since “Be Your Own Bank-Transact and Win” promotion was launched a fortnight ago. The new 516 internet customers have been registered within […]
Standard Bank has become the first bank in Malawi to reduce interest rates to 32% from 38% in a move Chief Executive Officer Andrew Mashanda says aims at giving the bank’s customers opportunity to obtain affordable loans for reinvestment. Mashanda said in a statement on Friday the bank’s new base lending rate of 32 percent takes effect […]
Standard Bank says it is keen to see the country’s economy grow and has organised the Malawi Economic Forum in Lilongwe on July 22 for key stakeholders to brainstorm how to move the country’s social economic development forward. Announcing the forum, Standard Bank Chief Executive Officer, Andrew Mashanda said it comes at an opportune time when stakeholders […]
Standard Bank Malawi has sent four of its outstanding employees on a luxury boat cruise to Europe as a token of appreciation for their excellent performance in 2014. The four are Dora Mangulama, Ben Chakachadza, Bamusi Mapfupa and Charles Namanja Jnr. They excelled in their respective areas of expertise of Customer Service and Sales under […]
This year’s Lake Malawi Sailing Marathon which launches on June 28th has received a boost from Standard Bank which has contributed K2 million towards organization of the event. The bank’s Head of Global Markets Lesego Osman said the contribution underscores Standard Bank’s commitment to become a long-term financial services partner of the race. “Standard Bank takes […]
A day-long China-Malawi Business Forum has been held in Lilongwe organized by Standard Bank in partnership with the Embassy of the People’s Republic of China in Malawi with the aim of strengthening and deepening business relations between the two countries. Chief Executive Officer Andrew Mashanda said the forum gives the bank a platform to showcase […]