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.

Executive Loans & Overdrafts

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.

Executive Overdrafts

This is a special facility catered for the personal needs of executives, senior/middle managers and other high earning individuals in companies, government, parastatals, NGO's etc.Borrowers may overdraw their current accounts up to agreed limits. Interest charged at a margin above the base lending rate is calculated on a daily basis and payable in arrears at monthly rests or part thereof.

Executive Loans

This covers the same clientele as the Executive Overdraft. The loan is however drawn as a lump sum and is payable at fixed and periodic amounts (usually monthly). Interest is charged on a daily basis and payable in arrears, together with monthly loan principal through the current account.
Both the Executive overdraft and loan are normally repayable from salary, but special arrangements are made to cater for special individual's needs.

How will I benefit?

Executive Loans provide you with the much needed finance to cover the high and special day to day needs of the modern business executive.

Prospective Customers

  • Directors of companies
  • Company Executive Managers
  • Company Senior /Middle Managers
  • Senior Civil Servants/Parastatal Executives and Middle Managers
  • NGO Executives
  • High earning individuals