Standard Bank Company Description

Standard Bank PLC provides banking and other related services in Malawi.

It operates through Corporate and Investment Banking, Treasury and Capital Management, Consumer and High Net Worth Clients, and Business and Commercial Clients segments.

It offers current, fixed deposit, call, SME, and contract save accounts; fixed term, home, pay day, revolving term, business revolving credit, business term, commercial property, medium term, and working capital loans; business overdraft; and trade, and vehicle and asset financing services.

The company also provides debit cards; bancassurance products; investment products and advisory services; offshore banking services; and ATM, Internet, telephone, and electronic banking services.

In addition, it offers corporate and investment banking products and services comprising foreign exchange services, commodities, debt securities, and equities trading services; transactional banking, trade finance, and investor services; and equity investment, advisory, project finance, structured finance, structured trade finance, corporate lending, primary market, acquisition finance, property finance, and asset and wealth management services to larger corporates, financial institutions, and international counterparties.

The company was incorporated in 1969 and is based in Lilongwe, Malawi. Standard Bank PLC operates as a subsidiary of Stanbic Africa Holdings Limited.

Standard Bank PLC

Country	Malawi
Founded	1969
Industry	Commercial Banks
Employees	802
CEO	Phillip Madinga

Contact Details

Address: Standard Bank Centre Lilongwe, 3 Malawi
Phone	265 8859 20001
Website	standardbank.co.mw

Stock Details

Ticker Symbol	STANDARD
Exchange	Malawi Stock Exchange
Fiscal Year	January - December
Reporting Currency	MWK
SIC Code	6020

Key Executives

Name	Position
Phillip Madinga	Chief Executive Officer
John Mhone	Chief Financial Officer
Frank Zulu	Chief Operating Officer