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List Of Banks In Malawi ...
This is a list of commercial banks in Malawi. # CDH Investment Bank # Ecobank Malawi # FDH Bank # First Capital Bank Malawi Limited # National Bank of Malawi # NBS Bank # Standard Bank Malawi # Centenary Bank Malawi External links Website of Reserve Bank of Malawi See also * List of banks in Africa * Reserve Bank of Malawi * Economy of Malawi * List of companies based in Malawi References {{Economy of Malawi Banks Malawi Malawi Malawi (; or aláwi Tumbuka: ''Malaŵi''), officially the Republic of Malawi, is a landlocked country in Southeastern Africa that was formerly known as Nyasaland. It is bordered by Zambia to the west, Tanzania to the north and northeas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Standard Bank Malawi
The Standard Bank of Malawi, previously known as the Commercial Bank of Malawi, is a commercial bank in Malawi. It is licensed by the Reserve Bank of Malawi, the central bank and national banking regulator. Location The headquarters of Standard Bank Malawi are located in the Standard Bank Centre, African Unity Avenue, Lilongwe 3, in Malawi's capital city. Overview Standard Bank Malawi is a large financial services provider, serving the banking needs of large companies, small and medium enterprises, as well as individuals. As of December 2019, the bank's total assets were valued at MWK:375.26 billion (US$519 million), with shareholders' equity of MWK:87.24 billion (US$121 million). History The bank was established in Malawi on 15 March 1969, as Commercial Bank of Malawi. The founding shareholders were (a) the government of Malawi (b) Press Holdings Limited and (c) Banco Pinto & Sotto Mayor. By the mid 1980s, the bank became a wholly Malawian enterprise, with shareholders bei ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lists Of Companies Of Malawi
A ''list'' is any set of items in a row. List or lists may also refer to: People * List (surname) Organizations * List College, an undergraduate division of the Jewish Theological Seminary of America * SC Germania List, German rugby union club Other uses * Angle of list, the leaning to either port or starboard of a ship * List (information), an ordered collection of pieces of information ** List (abstract data type), a method to organize data in computer science * List on Sylt, previously called List, the northernmost village in Germany, on the island of Sylt * ''List'', an alternative term for ''roll'' in flight dynamics * To ''list'' a building, etc., in the UK it means to designate it a listed building that may not be altered without permission * Lists (jousting), the barriers used to designate the tournament area where medieval knights jousted * ''The Book of Lists'', an American series of books with unusual lists See also * The List (other) * Listing (di ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Malawi
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Companies Based In Malawi
Malawi, officially the Republic of Malawi, is a landlocked country in southeast Africa that was formerly known as Nyasaland. Malawi is among the world's least-developed and most-densely populated countries. Around 85% of the population live in rural areas. The economy is based on agriculture, and 41% of GDP and 90% of export revenues come from this. In 2006, in response to disastrously low agricultural harvests, Malawi, through an initiative by the late President Bingu Mutharika, an economist by profession, began a program of fertilizer subsidies that were designed to re-energize the land and boost crop production. It has been reported that this program, championed by the country's president, is radically improving Malawi's agriculture, and causing Malawi to become a net exporter of food to nearby countries. Economic grievances though took a downward slide during Mutharikas second term. Economic grivences was a catalyst that resulted in the 2011 economic protests in Malawi in Jul ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Malawi
The economy of Malawi is $7.522 billion by gross domestic product as of 2019, and is predominantly agricultural, with about 80% of the population living in rural areas. The landlocked country in south central Africa ranks among the world's least developed countries. In 2017, agriculture accounted for about one-third of GDP and about 80% of export revenue. The economy depends on substantial inflows of economic assistance from the IMF, the World Bank, and individual donor nations. The government faces strong challenges: to spur exports, to improve educational and health facilities, to face up to environmental problems of deforestation and erosion, and to deal with the problem of HIV/AIDS in Africa. Malawi is a least developed country according to United Nations. Agriculture Malawi's most important export crop is tobacco, which accounted for a third (30%) of export revenue in 2012. In 2000, the country was the tenth-largest producer in the world. The country's heavy reliance o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks In Africa
This is a list of banks in Africa, arranged by country. Algeria Central bank * Bank of Algeria Commercial public banks * Algérie Poste * Banque Capitale Du Benin Commercial private banks * Arab Bank * Arab Banking Corporation * Banque Capitale Du Benin * BNP Paribas * Calyon * Citibank * HSBC * Natixis * Société Générale Angola Central bank * Central Bank of Angola Commercial banks and other financial institutions * Banco Africano de Investimentos * Banco de Desenvolvimento de Angola * Banco de Poupança e Crédito * Banco do Brasil * Banco do Comércio e Indústria * Banco Espírito Santo Angola Benin Central bank * Central Bank of West African States Banks and other financial institutions * African Investment Bank * Bank of Africa Bénin * Banque Atlantique * Banque Internationale du Bénin * Banque Sahélo-Saharienne pour l'Investissement et le Commerce * BGFIBank Group * Diamond Bank * Ecobank * Financial Bank Bénin * Société Générale * United ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Centenary Bank Malawi
Centenary Bank Malawi, also Centenary Bank Malawi Limited, is a commercial bank in Malawi. It is one of the commercial banks licensed by the Reserve Bank of Malawi, the central bank and national banking regulator. Location The headquarters and main branch of Centenary Bank Malawi Limited are located at Ekistics House, Convention Drive, Lilongwe 3, in Malawi. Overview As of October 2022, the total assets of MyBucks Bank Malawi, the predecessor of Centenary Bank Malawi, were valued at approximately MWK:122 billion (approx. US$120 million). History The bank was established in October 2022, when the Centenary Group, a financial services conglomerate headquartered in Uganda, that is affiliated with the Roman Catholic Church in Uganda, acquired majority shareholding in the erstwhile ''MyBucks Bank Malawi''. At the same time, the Roman Catholic Archdiocese of Lilongwe acquired the remaining minority shareholding. The new bank rebranded as Centenary Bank Malawi Limited. Before tha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NBS Bank
NBS Bank Limited, commonly referred to as NBS Bank, is a commercial bank in Malawi. It is licensed as a commercial bank, by the Reserve Bank of Malawi, central bank and national banking regulator. Location The head office and man branch of NBS Bank are located in NBS House, at the corner of Chipembere Highway and Johnstone Road, in the city of Blantyre, the financial capital of Malawi. This location is often referred to as ''Ginnery Corner'', in the neighborhood known as ''Chichiri, Blantyre''. The geographical coordinates of this bank's headquarters are: 15°48'02.0"S, 35°01'20.0"E (Latitude:-15.800556; Longitude:35.022222). Overview NBS Bank is a midsized retail bank in Malawi. , the bank's asset base was valued at MWK:123.1 billion (US$170 million), with shareholders' equity of MWK:11.5 billion (approximately US$16 million). History In 1964, ''Central Africa Building Society'', ''Commonwealth Century Building Society'' and ''First Permanent Building Society'' merged to f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Malawi
Malawi (; or aláwi Tumbuka: ''Malaŵi''), officially the Republic of Malawi, is a landlocked country in Southeastern Africa that was formerly known as Nyasaland. It is bordered by Zambia to the west, Tanzania to the north and northeast, and Mozambique to the east, south and southwest. Malawi spans over and has an estimated population of 19,431,566 (as of January 2021). Malawi's capital (and largest city) is Lilongwe. Its second-largest is Blantyre, its third-largest is Mzuzu and its fourth-largest is its former capital, Zomba. The name ''Malawi'' comes from the Maravi, an old name for the Chewa people who inhabit the area. The country is nicknamed "The Warm Heart of Africa" because of the friendliness of its people. The part of Africa now known as Malawi was settled around the 10th century by migrating Bantu groups . Centuries later, in 1891, the area was colonised by the British and became a protectorate of the United Kingdom known as Nyasaland. In 1953, it be ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Bank Of Malawi
National Bank of Malawi (NBM), is a commercial bank in Malawi. The bank is one of the commercial banks licensed by the Reserve Bank of Malawi, the central bank and national banking regulator. Location The headquarters and main office of the National Bank of Malawi are located in Business Centre & Office Complex, at 7 Henderson Street, in the city of Blantyre, the largest city and financial capital of Malawi. The geographical coordinates of the headquarters of this bank are: 15°47'15.0"S, 35°00'13.0"E (Latitude:-15.787500; Longitude:35.003611). Overview NBM is a large financial services institution, serving the banking needs of the people and businesses in Malawi. , the bank's total assets were valued at MWK:417.33 billion (approximately US$579 million), with shareholders' equity of MWK:88.4 billion (approximately US$123 million). National Bank of Malawi maintains four subsidiary companies, two of which are wholly owned: # NBM Capital Markets Limited - 100% shareholding # NBM P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
First Capital Bank Malawi Limited
First Capital Bank Malawi Plc, formerly known as First Merchant Bank Plc, is a commercial bank in Malawi. It is licensed by the Reserve Bank of Malawi, the central bank and national banking regulator. It is a subsidiary of FMB Capital Holdings. Location First Capital Bank Malawi maintains its headquarters, and main branch in Livingstone Towers, along Glyn Jones Road, in the city of Blantyre, the financial capital of Malawi. The geographical coordinates of the bank's headquarters are: 15°47'08.0"S, 35°00'25.0"E (Latitude:-15.785556; Longitude:35.006944). Overview The First Capital Bank of Malawi is a medium-sized financial services provider in Malawi. It offers retail banking services to individuals and corporate clients. As of December 2018, the bank's total asset base was valued at MWK:439.341 billion (US$610 million), with shareholders' equity of MWK:47.43 billion (US$66 million). History First Capital Bank was founded as First Merchant Bank in 1995 by Hitesh Anadkat and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
