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New Finance Bank (NFB)
New Finance Bank (NFB), whose complete name is New Finance 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 bank's headquarters and main branch are located in Mwai House, at 13/112 Independence Drive, in the central business district of the city of Lilongwe, the capital and administrative headquarters of Malawi. The geographical coordinates of New Finance Bank headquarters are: 13°57'45.2"S, 33°47'47.3"E (Latitude:-13.962500; Longitude:33.796389). Overview The bank received a banking licence from the Reserve Bank of Malawi on 13 May 2014 and began commercial transactions on 24 July 2014. New Finance Bank Malawi Limited has one subsidiary, NFB Forex Bureau, where it maintains 100 percent ownership. The bank serves all members of society, with special focus on those who are financially under-served. Branches , New Finance Bank maintained six ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Automated Teller Machine
An automated teller machine (ATM) or cash machine (in British English) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance inquiries or account information inquiries, at any time and without the need for direct interaction with bank staff. ATMs are known by a variety of names, including automatic teller machine (ATM) in the United States (sometimes redundantly as "ATM machine"). In Canada, the term ''automated banking machine'' (ABM) is also used, although ATM is also very commonly used in Canada, with many Canadian organizations using ATM over ABM. In British English, the terms ''cashpoint'', ''cash machine'' and ''hole in the wall'' are most widely used. Other terms include ''any time money'', ''cashline'', ''tyme machine'', ''cash dispenser'', ''cash corner'', ''bankomat'', or ''bancomat''. ATMs that are not operated by a financial i ... [...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 anc ... [...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 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] |
Scotland
Scotland (, ) is a country that is part of the United Kingdom. Covering the northern third of the island of Great Britain, mainland Scotland has a border with England to the southeast and is otherwise surrounded by the Atlantic Ocean to the north and west, the North Sea to the northeast and east, and the Irish Sea to the south. It also contains more than 790 islands, principally in the archipelagos of the Hebrides and the Northern Isles. Most of the population, including the capital Edinburgh, is concentrated in the Central Belt—the plain between the Scottish Highlands and the Southern Uplands—in the Scottish Lowlands. Scotland is divided into 32 administrative subdivisions or local authorities, known as council areas. Glasgow City is the largest council area in terms of population, with Highland being the largest in terms of area. Limited self-governing power, covering matters such as education, social services and roads and transportation, is devolved from the Scott ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Luxembourg
Luxembourg ( ; lb, Lëtzebuerg ; french: link=no, Luxembourg; german: link=no, Luxemburg), officially the Grand Duchy of Luxembourg, ; french: link=no, Grand-Duché de Luxembourg ; german: link=no, Großherzogtum Luxemburg is a small landlocked country in Western Europe. It borders Belgium to the west and north, Germany to the east, and France to the south. Its capital and most populous city, Luxembourg, is one of the four institutional seats of the European Union (together with Brussels, Frankfurt, and Strasbourg) and the seat of several EU institutions, notably the Court of Justice of the European Union, the highest judicial authority. Luxembourg's culture, people, and languages are highly intertwined with its French and German neighbors; while Luxembourgish is legally the only national language of the Luxembourgish people, French and German are also used in administrative and judicial matters and all three are considered administrative languages of the cou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stock
In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company is divided, or these shares considered together" "When a company issues shares or stocks ''especially AmE'', it makes them available for people to buy for the first time." (Especially in American English, the word "stocks" is also used to refer to shares.) A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares. This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from liquidation of assets (after discharge of all senior claims such as secured and unsecured debt), or voting power, often dividing these up in proportion to the amount of money each stockholder has invested. Not all stock is necessarily equal, as certain classe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Region, Malawi
The Central Region of Malawi, population 7,523,340 (2018), covers an area of 35,592 km². Its capital city is Lilongwe, which is also the national capital. The region has an outlet on Lake Malawi and borders neighbouring countries Zambia and Mozambique. The Chewa people make up the majority of the population today. Geography The Central region is bounded on the north by the Northern Region, on the east by Lake Malawi, on the southeast by Southern Region, on the southwest by Mozambique, and on east by Zambia. Central Region straddles the western edge of the East African Rift. Lake Malawi occupies most of the rift valley, with a narrow plain running along its western shore. Much of the region lies on a plateau, known as the Central Region Plateau or Lilongwe Plain. The plateau covers 23,310 square km (9,000 square miles). A belt of hills and escarpments separates the plateau from the rift valley lowlands to the east. The Dwangwa, Bua, and Lilongwe rivers drain the plate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dowa District
Dowa is a district in the Central Region of Malawi. The capital is Dowa. Geography The district covers an area of 3,041 km². and has a population of 556, 678. The capital city, Dowa is home to 5,565 people. Dowa the city is about 38 kilometers away from Malawi's capital city, Lilongwe. The population is projected to reach over 700,000 by 2018. Main cities * Dowa * Mponela (MVERA roadblock) Demographics At the time of the 2018 Census of Malawi, the distribution of the population of Dowa District by ethnic group was as follows: * 91.8% Chewa * 5.9% Ngoni * 0.6% Yao * 0.6% Tumbuka * 0.5% Lomwe * 0.1% Tonga * 0.1% Mang'anja * 0.1% Sena * 0.0% Nkhonde * 0.0% Lambya * 0.0% Nyanja * 0.0% Sukwa * 0.3% Others Culture The Chewas are the main ethnic group, and second are the Ngonis. Nyau dancing is an integral part of the culture inherited from the Chewa ancestors. These two groups are mostly farming communities. People of the Yao ethnic group are also foun ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Malawi News Agency
The Malawi News Agency (MANA) is the national news agency of Malawi. It is overseen by the Ministry of Information. It is administered by the Director of Information and Civic Education.Malawi News Agency to be online , says Director of Information , Nyasa Times Malawi breaking news in Malawi It is the largest in Malawi and has offices in all regions and districts in Malawi. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nyasa Times
''Nyasa Times'' is an online newspaper providing 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 ...an news, founded by Edgar Chibaka, who remains its Managing Editor, assisted by Thom Chiumia. It began reporting in late 2006. According to its own website, it received "over 8 million hits per month" in 2010. The publication has on numerous occasion been at loggerheads with the Bingu wa Mutharika government. Mutharika accused former president Bakili Muluzi of bankrolling the online media outfit to publish false stories to tarnish the image of the government. Muluzi denied the accusations. References {{news-website-stub Newspapers published in Malawi 2006 establishments in Malawi Publications established in 2006 African news websites ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
