NBM Happy with Digital BankingNational Bank of Malawi (NBM) plc which has just won the Best Digital Banking Award has said digital services ought to be at the centre stage of the Malawi 2063 Agenda and the Malawi Digital Economy.

NBM plc Head of Digital Financial Services William Kaunda was reacting to an announcement at the just ended ICT Expo in Lilongwe that NBM plc has been awarded the Best Digital Banking Award.

Kawawa (left) handing over a dummy cheque to Liabunya

National Bank of Malawi Plc (NBM) has given the Electricity Generation Company (EGENCO) K5 million to support this year’s 57th Association of Power Utility in Africa (APUA) conference next month.

Speaking during the symbolic cheque handover in Blantyre on Friday, NBM Chief Executive Officer (CEO) MacFussy Kawawa said the Bank decided to help EGENCO considering the relationship between the two institutions and that the conference will provide an opportunity to discuss issues surrounding the energy sector.

“For Malawi to host this conference it is an opportunity to discuss energy issues which are quite key to the development of our country but also an opportunity of presenting Malawi to the rest of Africa.

AGF’s Group CEO, Jules Ngankam (right) presenting a gift to NBM Deputy Chief Executive Officer and Chief Commercial Officer (DCEO/CCO) Harold Jiya.

Bank of the nation, National Bank of Malawi (NBM) Plc has been recognized with the Green Energy Finance award during the Green Finance Conference by Africa Guarantee Fund (AGF) in Lilongwe last week.

The Bank’s Deputy Chief Executive Officer and Chief Commercial Officer (DCEO/CCO), Harold Jiya hailed the partnership with AGF saying the recognition is a result of the Bank’s efforts in lending and financing green energy businesses.

“AGF has helped us take on more risk that we don’t ordinarily take particularly when lending to SMEs. Through the green guarantee facility, we have been able to lend to Green SMEs and become a prominent player and game-changer in green energy financing such as pay as you go solar aggregators, off grids and solar farm players.”

Kaunda (right) handing over the cheque to Gama (left)

National Bank of Malawi (NBM) has committed K5 million towards this year’s Information and Communication Technologies (ICT) International Expo scheduled to take place in Lilongwe next week after a two-year break.

Speaking during the cheque handover ceremony on Tuesday in Blantyre, NBM Plc Head of Digital Financial Services, William Kaunda, said by supporting the event, the Bank is giving the ICT industry a platform to discuss and come up with proper solutions on how businesses can be sustained.

NBM’s Mobile and e-Money Services Manager, Enala Chirwa: Figure represents the overwhelming response.

The first month of the National Bank of Malawi’s (NBM) Mo Cardless Withdrawal Promotion has seen customers generating 15, 785 tokens which are used to access money without ATM Cards.

NBM launched the promotion last month with the grand prize pegged at K1.5 million for the first winner, while the second and third lucky ones will cart home K1 million and K750,000.

After a three year COVID-19 break induced, the fourth edition of the "Takulandirani" Malawi International Tourism Expo 2023 returns on 26th-27th April to be hosted by Lilongwe-  #we are back! #Ipatse moto.

The international and local travel restrictions countries imposed during the COVID 19 pandemic derailed Malawi’s economic gains.

However Principal Secretary in the Ministry of Tourism Chauncy Simwaka says the country is picking up quite fast and is upbeat that the upcoming indaba will enhance the pace.

NBM CEO McFussy Kawawa (right) presenting a symbolic cheque to MUST vice chancellor Professor Address MalataBank of the nation, National Bank of Malawi (NBM) Plc’s K60 million three-year commitment towards supporting the Malawi University of Science and Technology (MUST) Students Endowment Fund has started bearing fruits with K10 million profit made by now.

MUST Vice Chancellor, Address Malata disclosed this on Thursday when they presented a progress report to NBM officials in Blantyre.

Listed National Bank of Malawi (NBM) plc has announced an increase in their profit after-tax for year ending 31 December 2022 to K45.94 billion from K34.21 billion in the previous year representing a 34% increase.

A financial statement released by the Bank signed by NBM plc Board Chairman Jimmy Lipunga, Board Director Dorothy Ngwira, Chief Executive Officer Macfussy Kawawa and Chief Finance Officer Masauko Katsala said the results were driven by growth in customer deposits.