Month: September 2022 Posts

Presidential Charity Golf Initiative gets K10.5m from Ecobank

Sep 24, 2022 Archangel Nzangaya 0 &

Ecobank Malawi Limited has sponsored the Presidential Charity Golf tournament slated for next month with MK10.5 million. The golf tournament is scheduled to take place on Saturday, 8th October at Lilongwe Golf Clu and President… ...

Ecobank’s weekend promo makes 52 winners

Sep 19, 2022 Archangel Nzangaya 0 &

A banker  has topped the list of winners of Ecobank's weekend promotion 'Ka *326# Weekend starter' in which 52 people have so far won cash prizes. This follows the bank's fourth draw of the promotion… ...

Ecobank splashes out K400, 000 in weekend promo

Sep 12, 2022 Archangel Nzangaya 0 &

Thirteen lucky Ecobank customers across the country, have shared 400,000 kwacha after winning in the bank's on-going digital banking campaign, 'Ka *326# Weekend starter' promotion. This comes as the pan-African banking group conducted a third… ...

EIB, First Capital Bank launch K25 billion agriculture investment scheme

Sep 10, 2022 Martha Chikoti 0 &

European  Investment Bank (EIB) has partnered with First Capital Bank for a K25 billion agriculture investment scheme which will enable small scale farmers to have access to loans with the aim of accelerating agriculture investment… ...

Ecobank loans of up to K15 million extended to Civil Servants

Sep 09, 2022 Archangel Nzangaya 0 &

Ecobank Malawi has extended unsecured personal loans of up to K15 million on a 36-month tenure to civil servants, including those who are not the bank’s customers. This is according to Ecobank Malawi's Country Head… ...

13 win cash in Ecobank’s weekend promotion

Aug 26, 2022 Archangel Nzangaya 0 &

Thirteen customers have won cash prizes in Ecobank Malawi Limited's 'Ka *326# Weekend Starter' promotion. The bank launched the promotion last Friday and it has today conducted the first draw where 13 lucky customers have… ...

Ecobank posts K11.6 billion profit

Aug 24, 2022 Archangel Nzangaya 0 &

Ecobank Malawi Limited has posted its 2022 half-year summary of unaudited results, recording a profit before tax of MK11.6 billion which represent a 95% growth in comparison to half-year unaudited results for 2021. The results… ...

Ecobank launches promo to reward lucky customers with cash for using mobile platforms

Aug 21, 2022 Archangel Nzangaya 0 &

Ecobank Malawi has rolled out a promotion aimed at rewarding its customers who transact on the bank's *326# mobile banking and Ecobank Mobile App digital platforms. According to Ecobank’s Country Head of Consumer Banking Sophie… ...

NBS Bank introduces payday loan starting from K30,000

Aug 20, 2022 Shorai Mopiwa 2 &

NBS Bank has introduced a payday loan allowing customers to borrow at least K30,000 and up to 40% of their net salary at no interest. The requirements of the payday loan is that the service… ...

Ten win in FCB’s ‘5 Mita Ipite’ promotion

Aug 14, 2022 Archangel Nzangaya 0 &

Two customers have won one million kwacha each while eight others have won various prizes in First Capital Bank's (FCB) '5 Mita Ipite' promotion. In a move to promote a saving culture and encouraging clients… ...

Standard Bank adds Unayo to ATMs

Aug 13, 2022 Archangel Nzangaya 0 &

Standard Bank Malawi plc has included Unayo product to their ATM services, an innovation that will allow everyone to make cardless withdraws at ATMs, with or without a bank account. Standard Bank launched this multilateral… ...

OG Issa’s Victoria Forex Bureau face money laundering accusations

Aug 12, 2022 Malawi24 Reporter 0 &

Local businessman Zubair Osman Gani Issa, who owns Victoria Forex Bureau, allegedly runs an illegal bank for the Asian community in Malawi known as Zubair OG Bank  which among others transfers money from Malawi to… ...

RBM denies planning to release K10000 banknote

Aug 03, 2022 Shorai Mopiwa 0 &

The Reserve Bank of Malawi (RBM) has rejected reports that it is planning to release a K10000 banknote in October 2022. In a statement signed by the RBM Governor, Wilson Banda, the Bank says it… ...

Mo626 labelled most useless app

Aug 01, 2022 Malawi24 Reporter 1 &

National Bank of Malawi’s  mo626 digital plus app has been labelled as the "most useless app" by customers and the bank has been urged to fix its app. According to National Bank, the app enables… ...

CDH Investment Bank contributes K2 million to CEO summit

Jul 24, 2022 Mike Kalumbi 0 &

CDH Investment Bank has made a contribution of K2 million to the CEO Summit which will be held from 29th to 30th July 2022 at BICC in Lilongwe. Speaking during the handover ceremony, CDH Investment… ...