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Trading

List of Banks in Malawi

Published by Gbaf News

Posted on June 14, 2012

1 min read

· Last updated: June 11, 2018

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Leasing and Finance Company
National Bank of Malawi
Indebank
NBS Bank
Reserve Bank of Malawi
Nedbank
Standard Bank Malawi
Malawi Savings Bank
Continental Discount House
Ecobank
First Merchant Bank
FDH Bank
Opportunity International Bank Malawi
First Discount House Limited
International Commercial Bank
National Finance Company
 

Key Takeaways

  • Malawi hosts a diverse range of licensed commercial banks and financial institutions.
  • The Reserve Bank of Malawi regulates and supervises all listed banks.
  • Several banks have merged or rebranded over time, reflecting sector consolidation.
  • Foreign and regional banking groups, such as Ecobank and Standard Bank Group, operate in Malawi.

Frequently Asked Questions

Which authority regulates banks in Malawi?
The Reserve Bank of Malawi regulates and supervises all licensed banks and financial institutions in Malawi.
Are international banking groups present in Malawi?
Yes, regional and international banks such as Ecobank Malawi and Standard Bank Malawi operate in the country.
Have there been bank mergers in Malawi?
Yes, for example National Bank of Malawi acquired Indebank in 2015 and FDH Bank merged with Malawi Savings Bank in 2016.

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