To be the most successful financial  institution in Malawi with a
 visible presence in Southern Africa.

Mission Statement

To provide the best financial services in Malawi and the region, distinguished by outstanding service, product innovation and sustained earnings growth.

Employer Guaranteed Loans

Facility/Product and Purpose

  • Term Loan.
  • For any legally accepted purposes.

Target Market

Salaried Account holders resident in Malawi including:

  • Non-Resident Malawians with Foreign Currency Denominated Accounts.
  • Foreign Nationals with Permanent Residence.
  • Professionals paid share of the firm's earnings monthly.


Facility/Product and Purpose

  • Employer Guaranteed Loans
  • For  any legally accepted purposes.

Target Market

  • Employees of  guaranteeing organization
  • Beneficiaries do not need to be Bank customers
  • Availed to credit worthy and reputable Corporates whose overall risk profile has been analysed and vetted to the Bank's satisfaction.

Repayment Period

  • Up to 30 months

Maximum Installment Amount

  • As determined by the Bank and agreed to by the Employer
  • To be deducted at source and remitted to the Bank on monthly basis by employer.


  • Employer's guarantee on form NBM SEC 15/15A
  • Supported by Board Resolution in line with Legal status of the guarantor

Interest Rates, Fees and Charges

  • Minimum of Base plus 2% but in line with pricing of other facilities enjoyed by the employer.
  • Arrangement fees charged as per standard charges booklet

Underwriting Requirements

  • Application submitted by Employer and application made to CMD through ADV 36 or ADV 10  as in business application hence apply  Business applications check list.
  • The Employer not the Beneficiaries (employees) can    negotiate for the facility.
  • Full Risk analysis since strength is on guarantee and guarantor has to be worth it.