Month: October 2023 Posts

FMBcapital Holdings post K47 billion profit

Oct 31, 2023 Archangel Nzangaya 0 &

FMBcapital Holdings (FMBCH), the holding company for First Capital Bank operations, has reported a half-year profit after tax of US$42 million (about K47 billion) which is up by 67% from the same period last year.… ...

Standard Bank scoops two Euromoney Awards

Oct 12, 2023 Malawi24 Reporter 0 &

The world’s leading capital markets and financial thinktank, Euromoney, has named Standard Bank Plc as Best Bank for CSR in Malawi and Best Bank for Digital Solutions in Malawi. The awards come as the Bank… ...

First Capital Bank supports Presidential Charity golf tournament with K100 Million

Sep 13, 2023 Mike Kalumbi 0 &

First Capital Bank (FCB), the anchor sponsors of the 2023 Presidential Charity Golf Tournament, have supported this year's charity golf tournament with 100 million Kwacha. The tournament is slated for October 7, 2023 at Lilongwe… ...

Boma lati likubweza ngongole ya US$800 miliyoni yomwe inatenga DPP

Aug 16, 2023 Russell Kondowe 0 &

Boma la mgwirizano wa Tonse lati likubweza ngongole ya US$800 miliyoni yomwe linatenga boma la chipani cha DPP ndipo izi zikuchititsa kuti ndalama zakunja zizisowa m'dziko muno. Wanena izi ndi nduna yofalitsa nkhani a Moses… ...

Centenary Bank announces K970 million profit

Jul 31, 2023 Malawi News Agency (MANA) 0 &

Centenary Bank says it has made an after tax profit of K970 million from January to June 2023. The financial statement which Centenary Bank released on Monday signed by the bank’s Managing Director, Zandile Shaba,… ...

Six banks under investigation

Jul 22, 2023 Mwayi Mkandawire 0 &

The Financial Intelligence Authority (FIA) says it is investigating six commercial banks in Malawi over financial crimes. FIA’s compliance and public relations manager Masautso Ebere has confirmed. Speaking to the local media, Ebere said FIA… ...

Centenary Bank extends opening days to Sundays

Jun 28, 2023 Shorai Mopiwa 0 &

Centenary Bank Limited has extended opening days for its branch in LIlongwe to Sundays. The bank has announced the introduction of the Sunday services in a statement. According to the bank, Old Town Branch next… ...