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 four segments: Retail Banking, Corporate Banking, Treasury, and Other Operations.
The company offers various deposit products, including savings, current, special savers, student saver, call, step up professional and entrepreneur, and foreign currency denominated accounts, as well as fixed and short-term deposits.
It also provides personal loan facilities, consumer loans, employer guaranteed loans, home improvements and mortgage finance, personal vehicle, and pay-day loans; farm infrastructure and implements loans; and finance lease, insurance premium finance, gold and asset finance services, 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 comprising 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, development and electronic banking, and training services; derivative products; corporate leasing; and credit and debit 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 | 265 111 820 622 |
| 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 |