Media Centre

  • NBS Bank half-year profit up 55% to K4.4bn

    NBS Bank plc has weathered the Covid-19 storm by reporting a 55 percent increase in half-year profit to K4.4 billion from K2.8 billion during the same period last year. In a joint statement accompanying a summary of unaudited consolidated results for the six months ending June 30 2021, the Malawi Stock Exchange-listed bank said it navigated

    August 24, 2021
  • Assisting Village Banks to Safely Manage their Finances

    NBS Bank Plc continues to promote the interests of its customers to safely manage their finances through the Tidalirane Group Transactional Account, specially developed for village bank groups. According to NBS Bank Head of Marketing and Customer Experience, Mrs. Tamanda Longwe, the Bank launched the Tidalirane account in December 2020, in reaction to requests from

    July 30, 2021
  • NBS Bank for Financial Inclusion of People with Disabilities

      In its quest to provide convenient banking solutions for all customers, NBS Bank plc has said it wants to ensure that all customers are accommodated, by orienting customers with disabilities on the different services being offered by the bank to satisfy its financial inclusion policy. NBS Bank Cluster Manager for Centre and North Tryson

    June 10, 2021
  • NBS Bank, NICO Group Provide Mentors for Girls

    NBS Bank plc in partnership with other subsidiary companies in the NICO Group have together provided a total of 10 mentors, comprising of Managers and Heads of Departments, who will mentor two girls each for a period of one year in a Girls mentorship Programme being championed by First Lady Monica Chakwera, under the Shaping Our Future Foundation (SOFF).

    June 7, 2021
  • NBS Bank partners GIZ in AgFin Project

    Listed NBS Bank has partnered with Gesellschaft für Internationale Zusammenarbeit (GIZ), commissioned by German Federal Ministry for Economic Cooperation and Development (BMZ) in the promotion of Agricultural Finance (AgriFin) project focusing on engaging both the supply and demand sides to small-scale farmers, farmer organizations and agri-based entrepreneurs. On the supply side, GIZ, through the AgFin

    April 9, 2021
  • TNM Mpamba, NBS Bank integration to ease transactions

    Malawi’s trusted digital financial services provider TNM Mpamba Limited has partnered with NBS Bank plc to give shared customers access to seamless financial services through an array of digital and financial services and products. The partnership entails an integration of NBS Bank’s EazyMobile platform and the TNM Mpamba platform. TNM Mpamba General Manager Chikhulupiliro Mphatso said

    September 13, 2020
  • NBS Bank wins Euromoney Award for second year running as Malawi’s best bank

    NBS Bank has emerged as Malawi’s Best Bank for the second year running in the Euromoney Awards for Excellence 2020. The Bank has been recognised for the great advancements achieved in the 2019 financial year, and generally on its transformation journey which began in 2017 when the Bank implemented its five-year strategic plan as a

    August 10, 2020
  • Malawi: NBS Bank forecasts a 50% increase in post-tax profit in H1 2020

    Malawi’s commercial bank NBS Bank Plc, 54.62% owned by the financial services group Nico Holdings Limited, revealed in a briefing note that it expects its after-tax profit to be up by 50% in H1 2020, compared to the MWK2.08 billion in H1 2019. Despite the spread of covid-19 and its impact on the economy, the

    June 12, 2020