NBS Bank Company Description
NBS Bank Plc provides retail and corporate banking services to individuals, small and medium businesses, large corporations, and public institutions in Malawi.
The company offers current, savings, investment, foreign currency-denominated, and term deposit accounts; corporate, mortgage, personal, employer, short-term, SME, agri-business, business, and asset finance, as well as overdraft facilities and motor vehicle loan schemes; lease contracts; money markets investments; treasury management; and credit and bancassurance products.
It also issues debt securities; provides derivatives for risk management purposes; and invests in liquid assets, such as short-term placement and corporate government debt securities.
In addition, the company offers SME order and insurance premium finance; international trade; and digital channels and internet banking services.
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 | Kwanele Ngwenya |
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 |
---|---|
Kwanele Ngwenya | Chief Executive Officer |
Ernest Tembo | Chief Financial Officer |
Shadrick Chikusilo | Chief Operating Officer |