Media Centre

16,000 tokens generated in NBM’s ‘Mo Cardless’ Promo

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

108 exhibitors at Tourism Expo, as NBM pumps in K15m

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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.

expo 2023

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 support to MUST Endowment Fund bearing fruits

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NBM CEO McFussy Kawawa (right) presenting a symbolic cheque to MUST vice chancellor Professor Address MalataNBM 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.

NBM profit-after-tax 34% up to K45.9 billion

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nbm towers2Listed 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.

NBM launches ‘Mo Cardless’ Promo - Malawi News Network

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Mo Cardless

National Bank of Malawi (NBM) plc has launched a new three-month promotion where customers utilising the cardless service stand to win different prizes with the grand winner going home with K1.5 million cash.

Speaking during the launch of the promotion dubbed ‘Mo Cardless’, NBM Plc mobile and e-money services manager, Enala Chirwa said the aim is to ease the lives of customers and provide seamless experience.

NBM donates K135m to Cyclone Freddy survivors

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NBM Chief Executive Officer left Macfussy Kawawa handing over a dummy cheque for the donationNBM Chief Executive Officer (left) Macfussy Kawawa handing over a dummy cheque for the donation

Deeply touched by the dark-cloud tragedy that has befallen the country with hundreds dead, thousands displaced and many more still missing, the bank of the nation, National Bank of Malawi (NBM) plc has donated a total of K135 million to help in relief items for survivors of Cyclone Freddy which has claimed lives of more than 200 people and displaced thousands of families in the southern region of the country.

Speaking in Blantyre Thursday when the Malawi Stock Exchange (MSE) listed bank presented the donation through international humanitarian organization Malawi Red Cross Society, NBM plc Chief Executive Officer Macfussy Kawawa described the Cyclone Freddy situation as ‘heartbreaking’.

NBM’s Amayi Angathe Loans benefits 2880 women

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NBM Accounts Relationship Manager Mwayi Kalulu engages women during the Tea PartyNBM Accounts Relationship Manager Mwayi Kalulu engages women during the Tea PartyNational Bank of Malawi (NBM) Plc’s ‘Amayi Angathe’ loan, a facility specifically designed to support women entrepreneurs, has benefited more than 2880 business women since its inception in 2019.

The bank’s business development manager, Wyson Kayira disclosed this in his presentation at the celebration of International Women’s Day in Blantyre last week.

MDF gets surgical equipment from NBM

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The MDF Commander, General Vincent Nundwe receiving the symbolic equipment from the NBM plc CEO, Macfussy Kawawa.The MDF Commander, General Vincent Nundwe receiving the symbolic equipment from the NBM plc CEO, Macfussy Kawawa.

National Bank of Malawi (NBM) plc has handed over state-of-the-art surgical equipment worth K130 million to Malawi Defense Force (MDF) for its newly-constructed operating theatre at Kamuzu Barracks Camp Hospital in Lilongwe.

The two institutions signed a memorandum of understanding in April last year for the bank to provide the equipment.

NBM plc Chief Executive Officer (CEO) McFussy Kawawa said the bank believes in creating social impact through sustainable Corporate Social Investment (CSI).

“The Malawi Defense Force plays a critical role in ensuring the safety and security of our nation and its people. We are aware that, through the Camp Hospital, the military is not only looking after its own but also serving the surrounding communities.”

“We are confident that this donation will help improve the health outcomes of those who use the hospital and we are honoured to be a part of this meaningful initiative. Let me assure you all that this donation is a testament to the National Bank's commitment to supporting the health and well-being of all citizens in our country,” he said.

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