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 and Tanzania.
It operates through four segments: Retail Banking, Corporate Banking, Treasury, and Other Operations.
The company offers various deposit products, including savings, current, diaspora, special savers, student serve, 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, share purchase loan schemes, mortgage finance and home improvement loans, personal vehicle, and pay-day loans; farm infrastructure and implements loans; and financial lease, insurance premium finance, and premium gold and asset-based finance services, as well as stockbroking, non-life 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; agricultural loans and seasonal overdrafts; and treasury services comprising foreign exchange contracts, currency options, treasury bills, moneygram, custody, and government securities bids and discounting services.
Further, it provides fund management, development and electronic banking, and training services; derivative products; corporate leasing; electronic funds transfer; and credit and debit cards.
The company operates service centers. The company is headquartered in Blantyre, Malawi.
National Bank of Malawi plc operates as 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 |