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

Mission Statement

To provide the best financial services in Malawi and internationally, distinguished by outstanding service, product innovation and sustained earning.

Interest Rates

National Bank of Malawi plc advises that following the recent change in the Policy rate, its Base lending rate has been adjusted downwards to 13.9% from 14.9%. Accordingly, the Bank’s maximum lending rate has been adjusted downwards to 24.9% from 25.9%. The specific interest rate applicable to individual borrowers will continue to depend on each customers’ risk profile and the type of the Lending product.

The Bank’s deposit interest rates will be as follows:

Savings Deposit Rates

Savings Bond

6.5% p.a.

Ordinary Savings

3.0% p.a.

Special Savers

1.0% p.a.

Student Serve

2.5% p.a.

Fiesta Save

6.0% p.a.

Notice Deposit Rates

7 Day Call

2.5% p.a.

30 Day Call

2.25% p.a.

Fixed Deposit Rates

2 Months

5.5% p.a.

3 Months

5.25% p.a.

6 Months

4.0% p.a.

9 Months


12 Months


Current account                                    0.0%


The changes are effective from the 16th of May 2019