Tag: Banking
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Malawi banks risk shrinking forex business
Malawi’s commercial banks are risking a reduction in foreign exchange business due to the prevailing global liquidity shortages, the Reserve Bank of Malawi (RBM)...
Finance Bank re-opening in Malawi hangs in balance due to past money laundering record
In May this year, Finance Bank Zambia owner Rajan Mahtani announced that he will re-open his branches in Malawi which were closed due...
NBS Bank explains lending stinginess
NBS Bank has said it is still giving out loans to its clients in contrast to what some of the customers are saying...
Ecobank chief visits Malawi
Ecobank will continue to contribute significantly to Malawi’s development as it remains confident in the economic reforms being implemented by the new government,...
Reserve Bank of Malawi hikes bank rate to 21%
The Reserve Bank of Malawi (RBM) on Tuesday raised the bank rate by five percentage points to 21 percent confirming analysts’ fears that...
