Syndicated Loans
Reserve Bank of Malawi has set guidelines with regard to credit concentration and group or individual companies’ exposure. This means that the Bank cannot lend money beyond a certain limit. In such cases NBM is capable of securing funds by involving other Banks either locally or internationally.
read more
Construction Loans
These are term loans of specific amounts, for construction purposes. Such loans are for a stated period of time normally exceeding 2 years but not more than 7 year
read more
Foreign Currency Loans
These loans are available to our exporting customers to enable them purchase produce or crops like tobacco, rice, cotton, pigeon peas etc., locally and for export.
read more
Short Term Loans
Short-term working capital loans provide fixed lump sums with an agreed repayment period of up to 2 years.
Such loans are repaid on a monthly or quarterly basis as agreed between the bank and the customer.
Finance for Exports
For exporting customers our Bank is able to provide immediate financing to enable such customers to purchase produce locally, and prepare for shipment abroad.
read more
Development Bank
The core business of the Development Bank is to provide debt and equity capital to SMEs within key target sectors. The Development Bank will also assist these enterprises with business support services in order to assure viability of the enterprises.
read more
Bonds & Guarantees
Issued in support of customer’s tender as assurance of the intention of the customer to sign the contract if the customer’s tender is accepted.
read more
Government Securities Bids and Discounting
NBM assists clients to bid for Malawi Government treasury bills and Treasury Notes
read more
Custody Services
NBM provides investments safe-keeping services for mutual funds, investment managers, retirement plans, bank fiduciary, agency accounts, insurance companies, pension funds, corporations…
read more
Treasury Bills
Source of immediate cash in times of cash flow problem
Source of extra income if there is a change in the yield.
Foreign Currency Denominated Account (FCDA)
Can be used to hedge against currency fluctuations
Customer can hold funds in this account and only convert when conditions are favourable.
Currency Option
A currency option is the right (but not an obligation) to purchase or sell an agreed amount of a particular foreign currency at an agreed rate of exchange, at the expiry of, or during a specified period of time.
read more
Foreign Exchange Contract
A Foreign Exchange Contract is a contract between two parties whereby they commit themselves to exchange a specified amount of one currency for another at an agreed rate of exchange, settlement of which takes place on a fixed date in the future.
read more
Agricultural Loans & Seasonal Overdrafts
This is a seasonal facility made available to the agriculture sector, mainly tobacco growers to assist with the growing and marketing of the crop.
read more
Farm Infrastructure and Implements Loan
The Bank shall finance all eligible farmers in Malawi be it in the small- scale or Estate sub-sectors for the sole purpose of acquiring agricultural equipment and other farm implements
read more
Advance Payment
It is payment on open account to a foreign supplier for goods which have not been received by our customers.
read more
Documentary Collections
A documentary collection is used to make foreign payment for goods when the risk of using open account is too high and where a documentary letter of credit is considered expensive.
read more
Documentary Letter of Credit
If our customer wishes to import goods they request us to open a confirmed irrevocable letter credit and we will advise it to their supplier’s bank.
read more
Standby Letter of Credit/ Foreign Guarantees
A Standby Letter of Credit is a form of a guarantee which is used against non-performance of a contract.
read more
Open Account
An Open account payment is used for making payment to the foreign supplier for goods which have been received by our customers directly from the foreign supplier without any engagement of the bank.
read more
Agristorage Facility
It is medium to long term financing provided by the Bank to eligible
customers to facilitate purchase, construction, renovation and extension
of warehouses and grain storage assets.
BANK FROM WHEREVER YOU AREUSING Mo626 Digital+
