About National Bank of Malawi
National Bank of Malawi is a company based in Blantyre (Malawi) founded in 1971.. National Bank of Malawi has completed 1 acquisition, including Akiba Commercial Bank. National Bank of Malawi offers products and services including Savings Account, Personal Loans, Electronic Banking, and Business Loans. National Bank of Malawi operates in a competitive market with competitors including Scotiabank, FDH Financial Holdings, NBS Bank, Kreissparkasse Biberach and MyBucks Banking, among others.
- Headquarter Blantyre, Malawi
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name National Bank Of Malawi Plc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of National Bank of Malawi
National Bank of Malawi offers a comprehensive portfolio of products and services, including Savings Account, Personal Loans, Electronic Banking, and Business Loans. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Account for depositing and earning interest on savings.
Loans for individual financial needs and purchases.
Online platforms for transactions and account management.
Funding for business operations and expansions.
Funding Insights of National Bank of Malawi
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by National Bank of Malawi
National Bank of Malawi has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Akiba Commercial Bank. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Commercial banking services are provided to clients in Tanzania.
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1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - National Bank of Malawi
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
National Bank Of Malawi Comparisons
Competitors of National Bank of Malawi
National Bank of Malawi operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Scotiabank, FDH Financial Holdings, NBS Bank, Kreissparkasse Biberach and MyBucks Banking, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Commercial banking services are provided internationally by Scotiabank.
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Commercial Bank
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Commercial banking services are offered in Malawi by NBS Bank.
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Provides retail and business banking services with online platforms and financial products.
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| domain | founded_year | HQ Location |
Functions as a commercial bank offering deposits, loans, and payment services.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on National Bank Of Malawi
Frequently Asked Questions about National Bank of Malawi
When was National Bank of Malawi founded?
National Bank of Malawi was founded in 1971.
Where is National Bank of Malawi located?
National Bank of Malawi is headquartered in Blantyre, Malawi.
Who is the current CEO of National Bank of Malawi?
Macfussy Kawawa is the current CEO of National Bank of Malawi.
What does National Bank of Malawi do?
The National Bank of Malawi was established in 1971 as a commercial bank headquartered in Blantyre, Malawi. Operations focus on providing essential financial services such as deposits, loans, and payment processing to retail and corporate clients throughout the country. The institution is led by CEO Macfussy Kawawa, with activities centered in the Malawian financial sector to support local economic needs.
Who are the top competitors of National Bank of Malawi?
National Bank of Malawi's top competitors include Scotiabank, FDH Financial Holdings and NBS Bank.
What products or services does National Bank of Malawi offer?
National Bank of Malawi offers Savings Account, Personal Loans, Electronic Banking, and Business Loans.
How many acquisitions has National Bank of Malawi made?
National Bank of Malawi has made 1 acquisition, including Akiba Commercial Bank.
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