NBS Bank Plc (MAL: NBS)
Malawi flag Malawi · Delayed Price · Currency is MWK
151.97
-0.01 (-0.01%)
At close: Dec 2, 2024

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.

NBS Bank 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