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Standard Bank Malawi is a large financial services provider, serving the banking needs of large companies, small and medium enterprises, as well as individuals. As of December 2019, the bank's total assets were valued at MWK:375.26 billion (US$519 million), with shareholders' equity of MWK:87.24 billion (US$121 million). [2]
Standard Bank now trades under the name Stanbic Bank in Botswana, the Democratic Republic of the Congo, Ghana, Kenya, Malawi, Nigeria, South Sudan, Tanzania, Uganda, Zambia and Zimbabwe. Eswatini. Standard Bank Eswatini opened its doors in 1988 and is today a leading commercial bank in the country. Ivory Coast
CDH Investment Bank. Ecobank Malawi. FDH Bank [2] First Capital Bank Malawi Limited. National Bank of Malawi. NBS Bank. Standard Bank Malawi. Centenary Bank Malawi [3]
Years active. 2021-present. Employer. Standard Bank Malawi. Phillip Madinga is the managing director and chief executive officer for Standard Bank Malawi Limited. He was appointed to the role of chief executive officer on 1 January 2021. [1]
The bank as is was established in 1971 when Standard Bank of Malawi, with the consent of the Government of Malawi, merged with Barclays Bank of Malawi. In July 1971, the merger was effected, with Standard and Barclays jointly owning 51% of the new bank i.e. 25.5% each.
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. Zomba Central Prison was built in 1935, and is the only maximum-security prison in Malawi. Tourism
1994–present. Title. Professor in the Faculty of Law, University of Malawi & Chairperson Standard Bank Malawi. Ngeyi Ruth Kanyongolo, is a Malawian lawyer, academic and businesswoman, who serves as Associate Professor in the Department of Practical Legal Studies at Chancellor College, the largest constituent college of the University of Malawi.
Balaka has only four known banks. There is Standard Bank just opposite the main mosque. Another one is Malawi savings bank( now known as FDH Bank from May 2016) which operates within the post office. National Bank, which has been under construction, opened its doors in February 2009 thereby giving the local populace competitive banking services.