banking Archives

Standard Bank launches Yours247 digital campaign

Apr 10, 2025 Malawi24 Reporter 0 &

Standard Bank of Malawi has launched "Yours 247", a digital campaign platform, which is expected to improve access to the bank's services in both rural and urban areas. The Digital Platform has incorporated features which… ...

NBM plc profit surges to K101.71b

Apr 02, 2025 Archangel Nzangaya 0 &

National Bank of Malawi (NBM) plc has reported a significant increase in its profit-after-tax, reaching K101.71 billion for the year ending 2024. This represents a 41% growth from the K71.96 billion recorded in 2023. The… ...

Wealth Women Summit gets K10m boost

Mar 06, 2025 Archangel Nzangaya 0 &

In celebration of Women's Month, Standard Bank has proudly sponsored the Wealth Women Summit with a generous donation of MWK 10 million. The Wealth Women Summit, organized by Wealth Malawi, is a platform designed for… ...

COP29 in Baku: One Trillion Dollars for Climate Action, Amid Leadership Absences and New Green Finance Models

Nov 19, 2024 Malawi24 Reporter 0 &

Baku – COP29 has officially commenced in Baku, Azerbaijan, with a clear and ambitious goal: raising one trillion dollars in climate finance. This target will serve as the benchmark for measuring the conference's success, which… ...

Bank of America is down: Clients report their accounts showing empty balances

Oct 03, 2024 Macdonald Kaleso 0 &

Thousands of Bank of America customers reported having trouble accessing their bank accounts Wednesday afternoon as the institution faced widespread outage. Some customers flocked to various social media platforms, such as X, to express their… ...

RBM’s Deposit Insurance Corporation to safeguard small depositors

Oct 01, 2024 Archangel Nzangaya 0 &

Small depositors in Malawi's commercial banks can now breathe a sigh of relief as the Reserve Bank of Malawi (RBM) is set to launch the Deposit Insurance Corporation (DIC), providing a financial safety net and… ...

Islamic Finance Leaders Recognized at Awards Ceremony in Ethiopia

Aug 31, 2024 Sibu M. Mokoena 0 &

Islamic Finance Awards Offer Insights for Malawi's Growing Sector Addis Ababa, Ethiopia - A celebration of innovation and achievement took place in Addis Ababa this week as the International Islamic Banking and Takaful Awards were… ...