NBS Bank is a fully fledged commercial bank providing a wide range of financial services to individuals, small and medium businesses, large corporations and public institutions.

The Bank was incorporated as a limited company on 14th March 2003 and was registered under the Banking Act 1989 on 1st March 2004.  It started its commercial banking operations on 1st July 2004.

The Bank’s predecessor institution, the New Building Society, was formed following the amalgamation of the Central African Building Society, Commonwealth Century Building Society and First Building Society. It was incorporated under the Building Societies Act on 7th February 1964.

NBS Bank is listed on the Malawi Stock Exchange and currently its shareholding is as follows: Nico Holdings Limited 50%, Continental Holdings Limited 27%, General Public 15%, IFC 5%, Continental Asset Managers Ltd 2%, NITL 1%.

In line with our philosophy of “taking banking to the people,” the bank boasts of having one of the widest and probably the best service network in Malawi. NBS Bank has 32 real-time Service Centres strategically located across the country. In addition, the Bank offers the highest number of ATM’s, very innovative Mobile, Agency and SMS banking services to give our customers additional service delivery platforms.

Banking

NBS Bank

Kwanele Ngwenya

Zizwani Khonje

Faith Mkandawire

Alfred M Nhlema

Chinsinsi Mpaso

Edwin Manjandimo

The Finance and Credit Analysis team at NBS Bank evaluates the financial health and creditworthiness of individual and business clients. They conduct thorough financial assessments, manage credit portfolios, monitor repayment patterns, and ensure compliance with banking regulations. The team supports informed decision-making to optimize risk management and promote sustainable financial growth for the bank and its clients.

Finance and Credit Analysis

The Operations Team at NBS Bank is responsible for ensuring the seamless execution of banking services and maintaining the efficiency and integrity of the bank's processes. This team manages daily operations, monitors and improves processes, coordinates centralized back-office functions, and supports the treasury sales division. Their efforts ensure that NBS Bank consistently delivers high-quality financial services to all customer segments while optimizing operational performance.

Operations Team

The Corporate Banking team at NBS Bank focuses on managing and expanding relationships with large corporations and multinational organizations. They provide tailored financial solutions and services, including loans, credit, treasury services, and business advisory, to meet the complex needs of their corporate clients. This team ensures client satisfaction while driving growth and profitability for the bank's corporate banking division.

Corporate Banking

The Software and Systems Development Team at NBS Bank is responsible for designing, developing, and maintaining the bank’s digital infrastructure and applications. This includes enhancing online and mobile banking platforms, ensuring the reliability of ATM networks, and optimizing system performance to support seamless financial services for individuals and businesses. The team’s efforts are crucial in supporting NBS Bank's philosophy of "taking banking to the people" by providing innovative and accessible banking solutions.

Software and Systems Development Team

The Finance and Trading team at NBS Bank is responsible for managing the bank's investment portfolio, conducting money market operations, overseeing trading activities, and ensuring efficient trade finance and cash management services. This team plays a critical role in maximizing the bank's financial performance, providing investment banking solutions, and facilitating seamless transaction services for customers, leveraging tools like mobile and agency banking to enhance accessibility and service delivery.

Finance and Trading

The IT and Engineering Team at NBS Bank is responsible for developing, maintaining, and securing the bank's technological infrastructure. This includes managing core banking systems, customizing technical solutions, overseeing network operations, and providing IT support to ensure seamless and secure banking services for customers. The team plays a pivotal role in driving innovation and enhancing service delivery through advanced mobile, agency, and SMS banking platforms.

NBS Bank

Org chart

Teams

Finance and Credit Analysis

Operations Team

Corporate Banking

Software and Systems Development Team

Finance and Trading

IT and Engineering Team

Offices

NBS Bank

Org chart

Teams

Finance and Credit Analysis

Operations Team

Corporate Banking

Software and Systems Development Team

Finance and Trading

IT and Engineering Team

Offices

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