Construction Loans

These are term loans of specific amounts, for construction purposes. Such loans are for a stated period of time normally exceeding 2 years but not more than 7 years.
Interest is calculated at an agreed rate on the full loan amount or the principal outstanding amount.

How will my business benefit?

  • Draw down is at various stages against the production of Architect's certificates, Engineers/Quantity Surveyors certificates or similar documentation.
  • Such loans are available to property development companies and building construction companies. Security required is the asset being financed or an alternative asset.
  • Repayments of the outstanding loan will not normally commence until the projects are completed.
  • A moratorium is agreed depending on the anticipated completion period.

Prospective Customers

  • Development companies.
  • Property development companies.
  • Well established building construction companies. 

mission-vision

 Vision

To be the most successful financial institution in Malawi with an internationally visible presence.

Mission Statement

To provide outstanding and inclusive financial solutions that deliver sustained stakeholder value.