Kasunda: We want to encourage village banks to grow

National Bank of Malawi (NBM) plc has concluded its Agulu Lathu Promotion, which was aimed at assisting informal groups to access various financial services and products through Kasupe Finance.

During the final draw held in Blantyre on Monday, Amazing Grace Village Bank won the grand prize of K3 million. The group and Tingathe Village Bank also won K1 million each in monthly prizes.

Speaking after the  final draw, NBM head of retail banking Oswin Kasunda said since the launch of Kasupe Finance, there were a lot of misunderstandings from the public.

Seyani: We compliment government’s effort

Appreciating the challenges facing the agri–business sector, especially small-scale farmers’ lack of access to funding for investment in agricultural equipment and other farm implements, the Farm Infrastructure and Implements Facility presents itself as a solution.

The farm infrastructure and implements facility is a new product from National Bank of Malawi (NBM) plc whose other objective, according to the bank’s Account Relationship Manager, Mavuto Seyani, is to lure salaried employees who have sizeable chunks of land in the country but mostly remains idle and undeveloped, to venture into commercial farming.

William Kaunda NBM plc Head of Digital Banking Services

National Bank of Malawi (NBM) plc has partnered Malawi Housing Corporation (MHC) to collect payments from its clients on the bank’s digital platforms.

NBM plc Head of Digital Financial Services, William Kaunda, said in an interview yesterday that apart from collecting different payments over the counter, the bank will also be collecting the payments on its digital platforms starting with its Mo626ice mobile banking platform before adding the internet banking platform Banknet360 and Mo626 Digital+.

“We want to make it easy for customers of both institutions to make payments using our digital channels so that we decongest our banking halls and also considering that we are still in the Covid-19 pandemic, it will be safer for people to make these payments using these digital channels,” said Kaunda.

Mijiga-Molly will instantly respond to issues

National Bank of Malawi (NBM) plc has automated its WhatsApp platform into an artificial intelligent robot (Chatbot) called ‘Molly’ as one way of enhancing customer experience.

NBM plc Head of Client Coverage Wilkins Mijiga said Molly will essentially replace the Bank’s current WhatsApp platform on number +265212831485.

“Molly will instantly respond to issues raised on WhatsApp, analyze and automatically resolve issues and also automatically escalate issues to other units within the Bank if they require other such intervention,” said Mijiga of the innovation.

Jere (right) presents the cheque to Banda

Listed National Bank of Malawi (NBM) plc has sponsored K1.5 million towards this year’s annual lake conference for the Institute of Internal Auditors Malawi (IIAM) scheduled for 26-29 August 2021 in Mangochi.

The symbolic cheque presentation was conducted last week at NBM Towers and Business Complex in Blantyre.

Presenting the cheque, NBM plc Head of Internal Audit Daniel Jere said the bank decided to support the conference because it recognizes the important role internal auditors play in the country.

Kaunda: This partnership will benefit policy holders

National Bank of Malawi (NBM) plc has partnered Old Mutual Malawi to facilitate digital insurance premium collections for its retail products.

NBM  head  of  digital services William Kaunda said  in  an  interview that Old Mutual policy holders will now find a convenient way of paying their  premiums  through the bank’s digital platforms starting with the mobile platform Mo626 Ice.

TIMELY INTERVENTION – NBM officials pose with some students

National Bank of Malawi (NBM) has donated K2 million to the Association of Universities and Colleges in Malawi (Ucam) and another K2 million worth of text books to Chigoneka Community Day Secondary School.

The donation to Ucam is towards the association’s second International Conference on Higher education.

Nyirenda makes a symbolic presentation of the books to Chitwele

National Bank of Malawi (NBM) plc employees on Father’s Day, Sunday, gave a motivational talk and the donated books worth K2 million to Chigoneka Secondary School in Lilongwe.

Senior male employees, led by NBM plc Capital City Servive Centre  manager George Nyirenda, spent time with the learners while emphasising on the importance of school and being a responsible citizen.