Directory · MW
Banking in Malawi
A register of firms and the professionals working at them in the Banking sector based in Malawi. Browse the public index, then filter or export on Kipplo.
Companies
7 on file
Standard Bank Malawi
Standard Bank in Malawi previously operated as the Commercial Bank of Malawi, which was registered as a commercial bank on 15 March 1969. Our first branch was opened in Limbe on 11 April 1970.
501 to 1000 staff
National Bank Of Malawi
National Bank of Malawi is a financial services company based in Malawi. It was listed on the Malawi Stock Exchange on 21 August with a total of ordinary shares. Shareholding Current shareholding is as follows: Press Corporation Limited 51.73% Old Mutual Group 24.83% Members of the Public 22.03% Employees (ESOP) 1.41% As a leading and highly respected good corporate citizen in Malawi, National Bank of Malawi actively participates in deserving charitable and social activities in areas that focus on Charity, Community Projects, Education, and Environment Health. The objectives of such participation is to demonstrate leadership as one of Malawi’s elite citizens, occupy a prominent position in Corporate Social Responsibility activities so as to gain goodwill within the market in which we operate, reduce the suffering of the less fortunate people amongst us, contribute to the social and economic development and maximize the Bank’s visibility in the market.
1001 to 5000 staff
First Capital Bank, Malawi
First Capital Bank, Malawi is a full-service commercial bank offering financial products and services to the corporate, retail and personal markets. With its diverse product offering, First Capital Bank caters to the needs of all segments of the Malawi market and has one of the most extensive branch and agency distribution networks in the country. A BRIEF HISTORY First Capital Bank opened for business in 1995 with one branch in Blantyre. From its humble beginnings the bank now operates 32 branches and agencies across Malawi employing 850 staff and serving a customer base of 500 OUR SERVICES We operate in all sectors of the Malawian market servicing the needs of the following market segments: Retail Small to medium business Corporate Institutional We offer a comprehensive range of financial products ensuring that our services are always relevant and of value to our diverse market segments. OUR STRENGTHS Financial Security Liquidity Ratios consistently above 50% Consistent Long Term Credit Rating of A+ and Short Term Credit Rating of A1 by Global Credit Rating Co, South Africa. Regional Footprint With a regional presence in 5 SADC countries First Capital Bank is ideally positioned to facilitate seamless cross border trade and offer customers unique trade finance solutions across the region Customer Focus We focus on the needs of our customers ensuring the highest levels of customer service, maintaining strong delivery channels and responding to market demand through product development and innovation.
501 to 1000 staff
Nbs Bank
NBS Bank is a fully fledged commercial bank providing a wide range of financial services to individuals, small and medium businesses, large corporations and public institutions. The Bank was incorporated as a limited company on 14th March 2003 and was registered under the Banking Act 1989 on 1st March 2004. It started its commercial banking operations on 1st July 2004. The Bank’s predecessor institution, the New Building Society, was formed following the amalgamation of the Central African Building Society, Commonwealth Century Building Society and First Building Society. It was incorporated under the Building Societies Act on 7th February 1964. NBS Bank is listed on the Malawi Stock Exchange and currently its shareholding is as follows: Nico Holdings Limited 50%, Continental Holdings Limited 27%, General Public 15%, IFC 5%, Continental Asset Managers Ltd 2%, NITL 1%. In line with our philosophy of “taking banking to the people,” the bank boasts of having one of the widest and probably the best service network in Malawi. NBS Bank has 32 real-time Service Centres strategically located across the country. In addition, the Bank offers the highest number of ATM’s, very innovative Mobile, Agency and SMS banking services to give our customers additional service delivery platforms.
501 to 1000 staff
Deposit Insurance Corporation Malawi
The Deposit Insurance Corporation (DIC) is a statutory body established under DIC Act, 2022. It exists to build public confidence in the banking system and contribute to financial stability by protecting depositors from suffering major losses in the event of a bank failure. DIC is a member of the International Association for Deposit Insurers’ (IADI).
11 to 50 staff
First Discount House
First Discount House is a subsidiary of FDH Financial Holdings Limited, and commenced business in April, 2002 as the second Discount House in Malawi. The Discount House has grown over the years, and now has over clients- both individual and corporate clients. The trading book size currently stands at K21 billion, and is destined to grow further in the coming years.
201 to 500 staff
Institute Of Bankers In Malawi
The Institute of Bankers in Malawi (IOBM) was established in 2002 after The Bankers Association of Malawi had been receiving numerous inquiries about setting up of the Institute of Bankers with the aim of enhancing the level of professional competence and skills relevant within the banking industry in Malawi. The IOBM is an independent professional body in Banking and Financial services whose mission is to promote standard of professional competency and level of skills in banking and the financial services sector in the country. The Institute is a member of Alliance of African Institute of Bankers. So far, the institute has forged strong links with other similar institutions within the SADC region and in Europe such as the Chartered Institute of Bankers in the United Kingdom. The Institute of Bankers in Malawi strives to continuously prove quality examination through rigorous process that starts from the formulation of examination, moderation of examinations, and auditing through to the approvals. This has also been made possible with the partnership with the University of Malawi, the Polytechnic. During its 15 years of service, IOBM has emerged as a leading Institute in Banking and Finance education for those employed as well as seeking employment in the banking Industry, aiming for professional excellence. The Institute has awarded qualifications to numerous members and these include certificate in banking, Diploma in banking and Advanced Diploma in Banking in specialized areas such as Credit management, Treasury and International Banking, Estates and Trusts Management, Financial Planning and Marketing. The Institute plans to help graduates to sustain their professionalism through Continuing Professional Development programs. IOBM also provides Training courses to the Banks and financial Institutions. It awards certificates of attendance/completion to candidates who successfully complete short courses. The Institute currently enjoys popular support from the entire banking industry of Malawi including the Reserve Bank of Malawi.
1 to 10 staff
