Month: April 2025 Posts

TNM shareholders assured of K30 billion share transaction benefits

Apr 28, 2025 Archangel Nzangaya 0 &

NBM Capital Markets Limited, the investment advisory arm of National Bank of Malawi Plc, has assured TNM shareholders that the MK30 billion shares-for-cash transaction will yield significant benefits, outweighing concerns over dilution effects on existing… ...

NBM projects an impressive 37% profit surge

Jan 02, 2025 Archangel Nzangaya 0 &

The Malawi Stock Exchange-listed National Bank of Malawi (NBM) has announced an impressive anticipated profit growth of up to 37% for the financial year ending December 31, 2024. The bank expects its consolidated profit after… ...

Jingle Bells boost: NBM plc hikes Christmas gift package to K130m

Dec 10, 2024 Archangel Nzangaya 0 &

As a way of giving back to the community, a total of K130 million has been earmarked for the National Bank of Malawi's '12 Days of Christmas' initiative, benefiting various Malawian organizations and individuals. The… ...

NBM realizes K71.9 billion profit after tax

Mar 26, 2024 Archangel Nzangaya 0 &

When other Institutions were complaining about unfavorable business conditions, the National Bank of Malawi (NBM) plc made an impressive profit after tax of 71.96 billion Kwacha and paid to the Malawi government a whopping 48.17… ...

UNIMA stops students from paying fees via National Bank

Feb 27, 2024 Mphatso Khutcha Richard 0 &

The University of Malawi (UNIMA) has advised its students to stop paying fees through National Bank citing delays in reflection of fees in students’ portals. In an email to students, Director of Students affairs at… ...

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… ...

Mo626 down: National Bank urged to fire IT team over substandard services

Apr 02, 2021 Malawi24 Reporter 0 &

National Bank customers have urged the bank to fire its information technology team over substandard services as Mo626 is down. Mo626ice is a mobile service which allows the bank’s customers to conduct transactions digitally. The… ...