Category: Finance & Banking News
News on Malawi Banking, loans, mortgages, investing ideas, stock updates, and Financial reports from Reserve Bank of Malawi.
Sale of state-owned MSB takes new twist as parliament opens the floor to public debate
Pressure continues to mount on the plans by government to sell Malawi Savings Bank with parliament referring the matter to members of the general public to give their views on […]
Constraints Hinder Financial Inclusion
Researchers working with Innovations for Poverty Action (IPA) have highlighted five constraints that are hindering the adoption and usage of financial services by the poor in Malawi and across the […]
Ecobank Malawi Hosts Forum For SMEs
Ecobank Malawi has joined forces with the African Guarantee Fund and AfricSearch to co-host the first AfricaChampions’Forum which aims at promoting the growth of the continent by providing finance and advisory services […]
Indebank Bails Out 32 Salima Families
Indebank, on Friday donated fertilizer and maize seeds worth K600, 000 to 32 visually impaired men of Chingulume Settlement Scheme in Salima. According to the bank’s Deputy Chief Executive Officer […]
FMB Donates K500,000 To Samaritan Trust
FMB on Tuesday donated K500,000 to Samaritan Trust Children’s Home to assist the organisation in its venture to rescue vulnerable children and orphans from the streets and empower them through […]
High Interest Rates to affect property
Investment management and advisory firm, Nico Asset Managers, says it sees the recent jump in interest rates suppressing property value. This could be bad news for property owners but good […]
Malawian Banks Hike Lending Rates
Commercial banks in the country have started increasing their base lending rates following the decision by the Reserve Bank of Malawi (RBM) to adjust the policy rate two weeks ago. […]
Ecobank Malawi In 2nd Giant Prize Draw
Ecobank Malawi says it has mobilised over K1.5 billion in savings in the ongoing Giant Prize Giveaway Promotion. Ecobank Malawi Head of Domestic Banking Victoria Chanza was speaking in Blantyre […]
Indebank Malawi lucky treat beckons
The days are nearing for one lucky Indebank customer to spend the forthcoming Christmas holiday at Sunbird Livingstonia Beach in Salima courtesy of the bank’s Phindu promotion. Indebank Marketing Manager, […]
Mzuzu Residents win in MSB bonanza
Two residents of Mzuzu have won shopping vouchers of K40, 000 and K60, 000 each in the ongoing Malawi Savings Bank (MSB) Christmas bonanza. The two, Ben Nyondo and Antony […]