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NBM is a large financial services institution, serving the banking needs of the people and businesses in Malawi. As of December 2018, the bank's total assets were valued at MWK:417.33 billion (approximately US$579 million), with shareholders' equity of MWK:88.4 billion (approximately US$123 million).
CDH Investment Bank; Ecobank Malawi, part of Ecobank Group; FDH Bank; First Capital Bank Malawi Limited, part of First Capital Bank Group; National Bank of Malawi; NBS Bank; Standard Bank Malawi, part of Standard Bank Group; Centenary Bank Malawi, part of Centenary Group
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NBS Bank is a midsized retail bank in Malawi. As of December 2018 [update] , the bank's asset base was valued at MWK:123.1 billion (US$170 million), with shareholders' equity of MWK:11.5 billion (approximately US$16 million).
There are four banks, NBS, FNB, Malawi Savings and Opportunity Bank, as of early 2013 the automated teller machine will allow withdrawals using most foreign credit or debit cards in the two banks on the top of the hill, NBS and FNB. There is internet access in a few internet cafes, Nkhata Bay Communications Center, Jessie's and others.
Indebank is one of the commercial banks licensed by the Reserve Bank of Malawi, the national banking regulator. [1] Indebank ceased to operate on 30 April 2016 and its operating assets and liabilities were acquired by National Bank of Malawi effective 1 May 2016. Indebank's banking licence was consequently surrendered to the central bank.
NICO Holdings' headquarters are in Blantyre, Malawi, with operating presence in six African countries i.e. Malawi, Zambia, Tanzania, Uganda, Mozambique and Zimbabwe. [2] The group offers a wide range of financial products and services which include: asset management, life assurance, retirement planning, general insurance, health insurance, banking, information technology and property management.
National Bank of Malawi, NBS savings Bank, Standard Bank and Opportunity Bank International as well as the Malawian Post have branches in the city. Zomba Hospital is an important employer and one of the biggest hospitals in the country. [1] Zomba Central Prison was built in 1935, and is the only maximum-security prison in Malawi.