About NBS Bank
NBS Bank is a company based in Blantyre (Malawi) founded in 1964.. NBS Bank offers products and services including Current Account, Personal Loan, Internet Banking, and SME Loan. NBS Bank operates in a competitive market with competitors including Scotiabank, National Bank of Malawi, FDH Financial Holdings, 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 Nbs Bank 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
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Products & Services of NBS Bank
NBS Bank offers a comprehensive portfolio of products and services, including Current Account, Personal Loan, Internet Banking, and SME Loan. 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 daily transactions and payments.
Loan to support individual financial needs.
Online platform for account management and transfers.
Funding for small and medium enterprises.
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Funding Insights of NBS Bank
| 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 NBS Bank
| 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 |
Financial Statements - NBS Bank
| 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 |
Nbs Bank Comparisons
Competitors of NBS Bank
NBS Bank 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, National Bank of Malawi, FDH Financial Holdings, 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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Commercial banking services are provided internationally by Scotiabank.
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Commercial banking services are offered in Malawi.
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Commercial Bank
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Provides retail and business banking services with online platforms and financial products.
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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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Multiple services are booked via an app-based platform.
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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 Nbs Bank
Frequently Asked Questions about NBS Bank
When was NBS Bank founded?
NBS Bank was founded in 1964.
Where is NBS Bank located?
NBS Bank is headquartered in Blantyre, Malawi.
Who is the current CEO of NBS Bank?
Kwanele Ngwenya is the current CEO of NBS Bank.
What does NBS Bank do?
NBS Bank was established in 1964 in Blantyre, Malawi, where it functions as a commercial bank. Core operations include deposit accounts, lending, and financial transactions tailored to individual and business clients. Services are extended across the country through branches and digital platforms. Leadership is provided by CEO Kwanele Ngwenya, with focus maintained on regional economic support in the banking sector.
Who are the top competitors of NBS Bank?
NBS Bank's top competitors include Scotiabank, National Bank of Malawi and National Bank of Malawi.
What products or services does NBS Bank offer?
NBS Bank offers Current Account, Personal Loan, Internet Banking, and SME Loan.
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