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. […]

Falling kwacha to hurt banks

The Reserve Bank of Malawi (RBM) has warned commercial banks that the falling kwacha though profitable, would astronomically drive up the financial institutions’ minimum capital requirement. RBM Governor Charles Chuka […]