Reserve Bank of Malawi has set guidelines with regard to credit concentration and group or individual companies' exposure. This means that the Bank cannot lend money beyond a certain limit. In such cases NBM is capable of securing funds by involving other Banks either locally or internationally. Each bank commits to contribute a proportion of the loan under the terms of a single loan agreement between the lending syndicate and the borrower.
The syndicate lenders will agree on the pricing that normally includes Commitment and Arrangement fees.
This facility can be negotiated through our Corporate Banking Office based in Head Office, in Blantyre and satellite office in Lilongwe.
How will my business benefit?
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This facility provides our customers wishing to embark on large investment projects, the flexibility of borrowing from or more different Banks of good repute.
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This enables our corporate clients to borrow large amounts, which are not affected by credit concentration or capital adequacy constraints of the Bank.
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Interest is charged at very competitive rates, normally at base plus a margin. The margin depends on the amount, security offered and the benefits derived from the relationship and the project.
Prospective Customers
Large corporate customers, multinationals, international companies wishing to expand in Malawi.