Standard Bank Archives

Standard Bank ordered to pay K2.9 billion to former employees

Dec 20, 2023 Malawi24 Reporter 0 &

Standard Bank should pay K2.9 billion to four former employees who were unfairly dismissed in 2017, the Industrial Relations Court (IRC) has ruled. The court has made the ruling after four ex-employees complained that they… ...

Phillip Madinga is a Malawian business executive and the chief executive officer of Standard Bank in Malawi

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… ...

FAM, Standard Bank part ways

Apr 06, 2023 Malawi24 Reporter 0 &

The Football Association of Malawi has taken over the sponsorship of Regional Division One Leagues and has now renamed it Mpira TV Regional Division One Leagues. This follows the discontinuation of the leagues’ sponsorship by… ...

Standard Bank provides K21 billion for Kenyatta Drive and Mzimba Street

Feb 22, 2023 Malawi24 Reporter 0 &

Standard Bank Malawi has provided K21 billion out of the K34.5 billion earmarked for the rehabilitation of the Kenyatta Drive and Mzimba Street, which will be come Malawi Capital City's first six-lane road. Old Mutual… ...

NRFA Unayo Division One Finals set for this weekend

Jan 13, 2023 Mike Lyson Zgambo 0 &

Northern Region Football Association says all is set for Unayo Division One finals slated for this weekend at Karonga Stadium in Karonga, Northern Malawi. Karonga based Songwe Kamu will battle it out with Chitipa Young… ...

Unayo partners Maneb on payments for examination, ID

Nov 24, 2022 Archangel Nzangaya 0 &

The Standard Bank's global digital platform, Unayo, has partnered with the Malawi National Examinations Board (Maneb) to facilitate payment of candidates' examination and Identity cards fees. This is coming when standard eight, form two and… ...

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… ...

All set for Unayo SRFA Division One launch

Apr 28, 2022 Malawi24 Reporter 0 &

All is set for the launch of the Unayo Southern Region Football Association Division One League at Mangochi Stadium on Saturday. Mpondasi United will host Balaka United in the League opener to officially welcome back… ...

Standard Bank makes K24.8bn profit

Mar 15, 2022 Malawi24 Reporter 0 &

Standard Bank Malawi has announced an after-tax profit of K24.8 billion for the year 2021, a four percent increase over the K23.7 billion profit made in 2020. Results released by the bank indicate that total… ...

Banks fight

Oct 20, 2021 Archangel Nzangaya 0 &

There is a fight going on between Malawi's two reputable financial service providers, National Bank of Malawi and the Standard Bank Malawi. The two banks have dragged each other into a fighting zone through their… ...

RBM urges Banks to deliver inclusive financial services

Sep 17, 2021 Guest Writer 0 &

By Kenneth C. Mkandawire Reserve Bank of Malawi (RBM) has encouraged commercial banks to provide services that promote financial inclusion. Deputy Governor (DG) of RBM, Dr. Grant Kabango, made the remarks at Bingu International Convention… ...

Airtel, Standard Bank fined over K100 million after fraudsters steal customer’s money

Jul 21, 2021 Malawi24 Reporter 0 &

Airtel Malawi and Standard Bank have been ordered to pay over K100 million to a customer whose K24 million was stolen from a Standard Bank account following a swim swap conducted by Airtel Malawi. Judge… ...

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… ...

Standard Bank brings online loans

Nov 06, 2019 Malawi24 Reporter 0 &

Standard Bank Plc has launched a Digital Loan Top Up service, which will give repeating loan customers the convenience to borrow on-line. The service is the first of its kind in Malawi, further cementing the… ...

Ministry hails Lake Malawi sailing marathon

Aug 12, 2019 Mike Lyson Zgambo 0 &

The Ministry of Industry Trade and Tourism says the 500km Lake Malawi Sailing Marathon is raising the country’s profile. Deputy Director of Tourism responsible for marketing in the Ministry of Industry Trade and Tourism, Sausten… ...