NBS Bank outlines growth strategy amid challenges

Revitalizing Malawi's Economy: NBS Bank's Path to Sustainable Business Growth - Business Malawi

Key Business Points Malawi’s NBS Bank plc has reported a 145% increase in profit after-tax in 2024, surpassing K72 billion. The bank is poised for growth, with a strategic vision […] The post Revitalizing Malawi’s Economy: NBS Bank’s Path to Sustainable Business Growth appeared first on Business Malawi.

NBS Bank attributes growth to investment in key sectors

NBS Bank plc Chief Executive Officer (CEO) Temwani Simwaka has attributed the Bank’s remarkable 2024 financial performance to continued investments in key sectors such as food and agribusiness, corporate and investment banking, and innovation. Simwaka spoke during a stakeholders’ engagement in Blantyre on Friday, where she explained to journalists and stakeholders the Bank’s strategies for […] The post NBS Bank attributes growth to investment in…

NBS Bank outlines growth strategy amid challenges

NBS Bank plc has reported a 145 percent increase in profit after-tax in 2024 and outlined its forward-looking growth strategy to propel it going forward. During an investors’ conference in Blantyre on Friday, the Malawi Stock Exchange-listed NBS Bank announced that its profit surged from K29 billion in 2023 to K72 billion in 2024. In her remarks during the event, NBS Bank plc chief executive officer Temwani Simwaka said the bank has not only rec…