Malawi · Delayed Price · Currency is MWK NBS Bank Company Description
NBS Bank Plc provides retail and corporate banking services to individuals, small and medium enterprises (SME), corporates, and public institutions in Malawi.
The company offers current, savings, sweep investment, foreign currency-denominated, and term deposit accounts.
It also provides personal loans, employer supported loans, short term loans, advances to salaried employees, and mortgages; SME and corporate overdraft facility; SME loans, business loans, and order finance, as well as loans to business women; and asset finance loans, staff motor vehicle loan schemes, insurance premium finance, lease contracts, credit, and bancassurance products.
In addition, it offers international trade services; digital channels and internet banking services; issues debt securities; derivatives for risk management purposes; and invests in liquid assets, such as short-term placement and corporate government debt securities.
The company was incorporated in 2003 and is based in Blantyre, Malawi. NBS Bank Plc is a subsidiary of NICO Holdings Plc.
| Country | Malawi |
| Founded | 2003 |
| Industry | Commercial Banks |
| Employees | 620 |
| CEO | Temwani Simwaka |
Contact Details
Address: NBS House Blantyre, 3 Malawi | |
| Phone | 265 1 812 222 |
| Website | nbs.mw |
Stock Details
| Ticker Symbol | NBS |
| Exchange | Malawi Stock Exchange |
| Fiscal Year | January - December |
| Reporting Currency | MWK |
| SIC Code | 6020 |
Key Executives
| Name | Position |
|---|---|
| Temwani Simwaka | Chief Executive Officer |
| Ernest Tembo | Chief Financial Officer |
| Shadrick Chikusilo | Chief Operating Officer |