Banks Archives | Malawi 24

Justice for Ngoleka: Malawians demand FCB to refund Mchikumbe’s money

Jun 11, 2021 Malawi24 Reporter 0 &

The Bank which made after-tax profit of US$21.3 million for the year ending December 2020 has stirred the wrath of Malawians after it smooched a farmer's K2 million last December. Kitmass Ngoleka deposited about K2… ...

K2 million disappears from farmer’s bank account

Jun 10, 2021 Malawi24 Reporter 0 &

A farmer who sold maize and deposited the proceeds at First Capital Bank was shocked when he later went to the bank to find that K2 million had disappeared from his account. The story of… ...

Malawians defend their village banks against evil banks

Jun 04, 2021 Lindiwe Sambalikagwa 0 &

Malawians say village banks will keep their distance from banks amid concerns that the commercial banks want to kill village banks. Several banks have introduced promotions aimed at coaxing village banks to deposit money to… ...

FINCA launches Dabo Dabo promotion

Mar 02, 2021 Archangel Nzangaya 0 &

Archangel In a drive to promote the savings culture and financial health of customers, FINCA Limited has launched the Dabo Dabo Promotion where Fixed Deposit customers stand a chance to win a share of MK2,… ...

Standard Bank announces Madinga as new CEO

Dec 21, 2020 Lindiwe Sambalikagwa 0 &

Standard Bank has announced the appointment of Phillip Madinga as the bank’s new Chief Executive Officer. Madinga’s appointment is with effect from 1 January, 2021, according to a statement signed by board chairperson Ngeyi Ruth… ...

Diplomat hits at NBS ban over stealing

Nov 12, 2020 Malawi24 Reporter 0 &

A diplomat has accused NBS Bank in Malawi of stealing customers' money. The diplomat, Lot Dzozi, who once served as Deputy Permanent Representative at Permanent Mission of the Republic of Malawi to the United Nations,… ...