Malawi · Delayed Price · Currency is MWK National Bank of Malawi Company Description
National Bank of Malawi plc, together with its subsidiaries, provides retail, small and medium enterprise, corporate, and investment banking services in Malawi.
It operates through three segments: Retail and Corporate Banking, Treasury, and Other operations. The company offers various deposits products, including customer, savings, amaya angathe business savings, kasupe finance product offering, fiesta save, diaspora, foreign currency denominated (FCDA), current, fixed term deposit, call, mlimi, ITF savings, short term deposit, special savers, student serve, step up entrepreneur, and step up professional accounts.
It also provides personal loan facilities, consumer loans, employer guaranteed loans, share purchase loan scheme, financial lease, mortgage finance and home improvement loan, pay-day loan, farm infrastructure and implements loan, premium gold finance, personal vehicle loans, asset-based financing scheme, and insurance premium finance, as well as stockbroking, insurance, and pension administration services.
In addition, the company offers short term, foreign currency, construction, and syndicated loans; overdraft facility; finance for exports; international trade finance; bonds and guarantees; and agricultural loans and seasonal overdrafts, as well as treasury services, such as foreign exchange contract, currency option, foreign currency denominated account, treasury bills, moneygram, custody, and government securities bids and discounting services.
Further, the company provides fund management, custodial, electronic banking, and training services; derivative products; corporate leasing; and credit cards.
It operates service centers in Malawi and Tanzania. National Bank of Malawi plc was founded in 1971 and is headquartered in Blantyre, Malawi.
National Bank of Malawi plc is a subsidiary of Press Corporation PLC.
| Country | Malawi |
| Founded | 1971 |
| Industry | Commercial Banks |
| CEO | Harold Jiya |
Contact Details
Address: NBM Towers Blantyre Malawi | |
| Phone | 265 1 820 622 |
| Website | natbank.co.mw |
Stock Details
| Ticker Symbol | NBM |
| Exchange | Malawi Stock Exchange |
| Fiscal Year | January - December |
| Reporting Currency | MWK |
| SIC Code | 6020 |
Key Executives
| Name | Position |
|---|---|
| Harold Jiya | Chief Executive Officer |
| Daniel Jere | Chief Financial Officer |
| Masauko Katsala | Chief Operating Officer |