National Bank of Malawi Stock

National Bank of Malawi plc, together with its subsidiaries, provides retail, small and medium enterprise, corporate, and investment banking services in Malawi. The company is a subsidiary of Press Corporation Plc.

Deposits

The company offers current accounts, foreign currency accounts, savings accounts, deposit accounts, and client funds.

Investment

The company invests in Government securities-treasury bills, Government securities-treasury notes, and Government securities-Bonds.

Segments

The company operates through three segments: Retail and Corporate Banking, Treasury, and Other.

Retail and Corporate Banking - incorporating, savings, deposits, investment savings products, consumer loans, current accounts, overdrafts, loan and other credit facilities, trade finance and corporate leasing.

Treasury - incorporating financial instruments trading, dealings in foreign currency, stock broking and derivative products.

Other Operations comprising fund management, custodial services and providing training services.

History

National Bank of Malawi plc was founded in 1971.