The National Bank of Malawi (NBM) plc says its strong performance is rooted in the growth of customer deposits, expansion of assets, and improved liability management, despite prevailing economic pressures.

During its Investors Forum held on Tuesday in Blantyre, the Bank announced an after-tax profit of K100 billion for the year ending 2024, up from K72 billion in 2023.

Mzuzu University came alive over the weekend as the youthful Eli Njuchi stood out with his electrifying performance during the Northern Region Mo626 Intercollege Social Weekend music show.
The Social Weekend delivered an unforgettable explosion of music, culture, and student unity — all made possible through the generous sponsorship of National Bank of Malawi (NBM) plc.

National Bank of Malawi (NBM) plc has reaffirmed its commitment to advancing digital financial services in the country by donating K5 million to the Association of Digital Finance Services (ADFS).

Speaking in Lilongwe during a symbolic cheque presentation, NBM plc Card Services Manager, Stewart Tepelunde said the sector plays a pivotal role in the ongoing digitalisation of financial systems and the donation is meant to facilitate the official launch of the association, scheduled for 19 June this year.

National Bank of Malawi (NBM) plc says it is excited to retain the Best Digital Bank award for the third consecutive year in its quest to offer meaningful, accessible, and inclusive financial solutions to Malawians.
The Bank’s mobile banking platform, Mo626 Digital+ was named Best Digital Banking Solution at this year’s ICT Association of Malawi (ICTAM) Corporate Awards at the Bingu International Convention Centre (BICC) in Lilongwe.

The National Bank of Malawi (NBM) has committed an unprecedented annual sponsorship package worth K1.5 billion towards the development of sports across the nation in a quest to uplift women’s football, nurture talent through college sporting activities, and foster national pride by transforming grassroots football.

National Bank of Malawi (NBM) plc Chief Executive Officer (CEO), Harold Jiya, has announced that the Bank has set aside K60 billion to support Small and Medium Enterprises (SMEs) in Malawi.
Jiya made the remarks in Lilongwe on Thursday following a series of visits to various SMEs, organized by the Bank as part of its ongoing efforts to appreciate and engage with the businesses driving the country’s economic development.

The Board of Directors of National Bank of Malawi at its meeting of 17 March 2025 duly convened and held, resolved that a second interim dividend of K17.4 billion (representing K37.26 per share) be paid to the shareholders appearing in the register of the company as at close of business on 17 April 2025. A first interim dividend of K13.0 billion was paid in September 2024 in respect of 2024 profits.

The Company’s shares will trade ex-dividend from 15 April 2025, and the last date to register is 17 April 2025. Payment date for the second interim dividend is 30 April 2025, to shareholders appearing in the register of the Company as at close of business on 17 April 2025.

BY ORDER OF THE BOARD

Zunzo E. Mitole

COMPANY SECRETARY

National Bank of Malawi (NBM) plc has announced an increase of its profit-after-tax to K101.71 billion, marking a 41% increase for the year ending 2024, from the K71.96 billion reported in 2023.

In the just-released financial statement signed by Chief Executive Officer (CEO) Harold Jiya, Board Chairperson Jimmy Lipunga, Director Mcleod Nkhoma, and Chief Financial Officer (CFO) Daniel Jere, NBM plc’s results were largely driven by growth in customer deposits, which fueled an increase in the loan book and fixed-income securities.