Bankers Association of Malawi Archives

FDH Bank wins Malawians’ hearts: ‘We are moving our accounts to FDH’

Nov 02, 2021 Malawi24 Reporter 1 &

While several commercial banks in Malawi are hiking their already exorbitant fees they charge customers to accommodate the recent introduced Value Added Tax (VAT), FDH has taken a bold step by downgrading its fees on… ...

Govt introduces VAT on banking services

Oct 28, 2021 Archangel Nzangaya 0 &

Malawians should expect tougher times ahead as the Bankers Association of Malawi (BAM) has announced the introduction of Value Added Tax (VAT) on some banking transactions following the amendment of VAT Act by Malawi Government.… ...

Institute of Bankers hails Sparc, Oracle joint support

Aug 28, 2019 Malawi24 Reporter 0 &

Institute of Bankers has hailed Sparc Systems Limited and Oracle for supporting the institute with K5 million ahead of the Lake Conference set to run from Thursday to Saturday at Nkopola Lodge. The chief executive… ...

Bankers Association of Malawi bribes MPs with K1 million

Dec 12, 2018 Malawi24 Reporter 0 &

The Bankers Association of Malawi (BAM) has bribed Malawi Members of Parliament (MPs) with about K1 million each in a bid to stop the passing of the Interest Rate Capping Bill. According to whistle-blower Gerald… ...