Understanding National Bank of Malawi Ownership and Management

The National Bank of Malawi is a state-owned bank that is 80% owned by the Government of Malawi. This ownership structure is crucial to understanding the bank's operations and management.

The bank's management is responsible for overseeing its daily operations and making key decisions. The board of directors, appointed by the Minister of Finance, plays a vital role in this process.

National Bank of Malawi has a robust governance framework in place, which ensures that the bank operates in a transparent and accountable manner. This framework is outlined in the bank's articles of association.

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The National Bank of Malawi has a specific BIC/Swift code that's used for international transactions. This code is NATIONAL BANK OF MALAWI, VICTORIA AVENUE, BLANTYRE, Malawi.

To identify the bank, you can look for its address, which is located on Victoria Avenue in Blantyre, Malawi.

The National Bank of Malawi has a physical presence in Blantyre, specifically located on Victoria Avenue.

You can find the bank's headquarters at this address, which is also where you can get in touch with them directly.

The bank's BIC/Swift code is listed as NATIONAL BANK OF MALAWI, VICTORIA AVENUE, BLANTYRE, Malawi.

This information can be useful if you need to send or receive international payments.

The National Bank of Malawi is a state-owned bank that operates under the ownership of the Government of Malawi.

The bank's management structure is headed by a Managing Director who is responsible for overseeing the bank's operations.

The Managing Director is assisted by a Board of Directors that provides strategic direction and oversight to the bank.

National Bank of Malawi (NBM) is a significant player in the Malawian financial services industry. As of December 2018, the bank's total assets were valued at MWK:417.33 billion, which is approximately US$579 million.

The bank's financial stability is backed by a substantial shareholders' equity of MWK:88.4 billion, equivalent to around US$123 million.

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NBM has a diverse range of subsidiaries that cater to various needs of its customers. Let's take a look at these subsidiaries:

NBM Capital Markets Limited and NBM Pensions Administration Limited are wholly owned subsidiaries, indicating the bank's commitment to these areas of business.

The National Bank of Malawi's ownership structure is quite interesting. The shares of stock are listed on the Malawi Stock Exchange under the symbol NBM.

The bank's ownership is diverse, with different entities holding significant stakes. Press Corporation Limited is the largest shareholder, owning 51.5% of the bank's shares as of December 31, 2015.

Old Mutual Group is the second-largest shareholder, holding 25.1% of the bank's shares. This is a significant stake, and it's likely that Old Mutual has a considerable influence on the bank's decision-making processes.

Members of the public own 21.6% of the bank's shares, making them the third-largest shareholder. This is a testament to the bank's commitment to being a public institution.

The Employee Share Ownership Plan owns 1.8% of the bank's shares, providing a benefit to the bank's employees.

The Board of Directors is responsible for overseeing the strategy and direction of the National Bank of Malawi.

Macfussy Kawawa serves as a Director/Board Member, with no specific start date mentioned.

Zunzo Mitole has been a Director/Board Member since December 31, 1999, making him one of the longest-serving board members.

James Mhura, Harold Jiya, and Raymond Banda are also part of the board, but their start dates are unknown.

Dorothy Ngwira joined the board on October 28, 2018, bringing her expertise to the table.

Crispin Mzengereza and Bessie Nyirenda were appointed to the board on May 14, 2019, around the same time.

MacLeod Nkhoma is another Director/Board Member, with an age of 62.

Lyton Chithambo is the youngest board member, at just 45 years old, and joined the board on June 1, 2022.

Here's a list of the board members, including their ages and start dates where available:

National Bank of Malawi has a significant branch network.

As of April 2018, the bank maintained over thirty branches, referred to as "service centers" by the bank.

The National Bank of Malawi's headquarters is located in the city of Blantyre, the largest city and financial capital of Malawi. Blantyre is a bustling metropolis with a rich history and culture.

The bank's main office is situated in the Business Centre & Office Complex, at 7 Henderson Street. This is the central hub of the bank's operations, where you can find its headquarters and main office.

The geographical coordinates of the headquarters are: 15°47'15.0"S, 35°00'13.0"E.

National Bank of Malawi has a significant branch network. As of April 2018, they maintained over thirty branches, which they refer to as "service centers".

These service centers are likely located in various parts of Malawi, providing convenient access to banking services for the local population.

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The National Bank of Malawi has shown a strong financial performance over the years.

The bank's total assets have consistently grown, reaching a peak of MK 1.3 trillion in 2020.

This growth can be attributed to the bank's strategic investments and expansion into new markets.

The bank's net interest income has also increased significantly, reaching MK 143 billion in 2020.

This increase in net interest income has been driven by the bank's efforts to diversify its loan portfolio and increase lending to the private sector.

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The National Bank of Malawi plc's sales by activity provide valuable insights into the bank's financial performance.

In 2021, the bank's treasury sales skyrocketed to 45.5 billion, a significant increase from the previous year.

The corporate banking segment has consistently generated substantial sales, with a peak of 98.73 billion in 2023.

Retail banking sales have also been on the rise, reaching 38.56 billion in 2023, a notable increase from 13.5 billion in 2019.

The "Other" category has seen fluctuations in sales, with a high of 4.39 billion in 2023 and a low of 1.22 billion in 2020.

Here's a breakdown of the bank's sales by activity in 2023:

The bank's sales by activity demonstrate a clear trend of growth and diversification, with each segment contributing to the overall financial performance.

National Bank of Malawi's share price has been on a remarkable journey, with significant highs and lows over the past few years.

The current share price is at MK 6,000.00, which is an impressive figure considering the fluctuations in the market.

In the past 52 weeks, the share price has reached a high of MK 6,000.01, while the 52-week low was a relatively low MK 2,101.75.

Here's a summary of the bank's share price performance over the past few years:

These numbers indicate a steady increase in the share price over the years, with a significant jump in the past 5 years.

The beta of the bank's share price is 0.29, which suggests that it is less volatile compared to the market.

The 1 Month Change is a staggering 50.70%, while the 3 Month Change is 73.91%, indicating a strong upward trend in the share price.

The Change since IPO is 13.21%, which is a notable figure considering the bank's initial public offering.

Overall, National Bank of Malawi's share price has shown remarkable growth and stability over the years.

When looking at the financial performance of a company, one key metric to consider is shareholder returns. NBM's shareholder returns have been impressive, with a 185.5% return over the past year.

This is a significant increase compared to the industry average of 154.2% for MW Banks. NBM has clearly outperformed its peers in this regard.

Let's take a look at the numbers in a table for a clearer comparison:

NBM's return of 185.5% over the past year is also significantly higher than the market average of 103.3% for MW Market. This suggests that NBM's financial performance has been strong and attractive to investors.