National Bank of Malawi (NBM) plc has re-launched the NBM Scholarships and Best Performing Students Awards for tertiary students, pumping in K270 million.

The program, which was launched at the University of Malawi (UNIMA) on Friday, builds on the Bank’s longstanding commitment to education in Malawi, which spans over three decades.

National Bank of Malawi (NBM) plc has awarded 12 Information Communication Technology (ICT) innovators in the ICT Association of Malawi (ICTAM) Innovation Jam competition in Mangochi.

The awards, presented at the ICTAM annual lake conference over the weekend, saw Goodwill Salima of GS Smart Greenhouse shine as he scooped two awards, one in the Agri-Tech category and was also crowned as the best innovator.

Malawi Parliament will move to Dedza Stadium

One of Africa’s leading commercial bankers, the bank of the nation, National Bank of Malawi(NBM) has donated K5 million to the inaugural Parliamentary Service Week, which started Monday and will run until this Friday.

Presenting a five million kwacha dummy cheque symbolising the donation on Tuesday at Parliament Building in Malawi’s capital, Lilongwe, NBM Lilongwe Service Centre Manager, Maureen Gwembere expressed the bank’s undying commitment in supporting the communities the bank serve through the donation.

Jiya (right) and Nkhoma after signing the partnership deal.

One of Africa’s rising commercial bankers, Malawi’s prized bank of the nation, National Bank of Malawi (NBM) plc has invested a staggering K90 million towards the resuscitation of the banana value chain in the mountainous but fertile districts of Mulanje and Thyolo.

National Bank plc Chief Executive Officer, (CEO) Harold Jiya in his remarks stated that the bank seeks to empower banana farmers by providing them with a steady supply of new, improved, and resilient varieties to support their businesses and enhance economic stability at the household level.

National Bank of Malawi (NBM) plc has donated K2 million to the organisers of the Blantyre Motor Show to support the event.

This year’s event will take place at Makata Industrial area, Shire Bus lines old bus terminal this coming weekend.

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Cairo, 25 September 2024: –In a move set to significantly boost trade financing in Malawi, African Export-Import Bank (Afreximbank) has signed a landmark US$100-million Trade Finance Facilitation Facility (AFTRAF) agreement with National Bank of Malawi (NBM) Plc, the country’s largest bank by assets.

Representing the largest AFTRAF facility ever to be extended by Afreximbank in Malawi, the US$100-million AFTRAF agreement will enhance and maximize the capacity of NBM Plc to finance trade transactions of its clients in the manufacturing, energy and agriculture sectors.

Additionally, it will allow NBM Plc to issue letters of credit confirmed by Afreximbank, addressing the difficulty posed by a shortage of confirming banks lines. It will also support the importation of critical goods required by Malawi, including intermediate products for the manufacturing sector, fuel, pharmaceuticals and fertiliser.

National Bank of Malawi has donated a K40 million worth blood bank fridge to Mulanje District Hospital to preserve blood for cancer patients, women in childbirth, malnourished children, and accident victims.

The bank's Head of Corporate Banking Division, William Chatsala, highlighted that the donation exemplifies the bank’s commitment to life-changing initiatives.