National Bank of Malawi

Company Background

NBM Capital Markets Limited (NBM Capital) is a wholly – owned investment management subsidiary of National Bank of Malawi plc (NBM).

NBM Plc through its Financial Management Services (FMS) Department has been offering both fund administration and investment management services to pension funds in Malawi since 1971. However, in the wake of the Pensions Act, 2010 which requires the separation of fund administration from investment management services, the Bank formed two subsidiaries namely, NBM Capital Markets Limited and NBM Pension Administration Limited (NBM PAL). While NBM PAL offers fund administration, NBM Capital took over the investment function.

MISSION STATEMENTTo ensure that our services translate into financial prosperity and satisfaction for all stakeholders.

VISIONTo be the most preferred Portfolio Managers in Malawi

CORE VALUES•Integrity •Client focus •Teamwork •Responsiveness and Commitment •Fairness and Equity •Social responsibility.

Products / Services Profile

1.Fund Management

Pension Fund Management:

• We assist in setting up Stand-Alone Pension Funds.
• The setup is in line with Pensions Act 2010 requirements.
• Under the approach:
• Fund is registered with RBM.
• Clients appoint Board of Trustees (BOTs).
• BOTs are registered with RBM.
• Fund runs as an independent legal entity.
• Trustees assume ownership & authority.
• BOTs control operations of the fund.
• BOTs appoint service providers.
• Service providers sign service contracts.
• The contracts include performance benchmarks

Money Market Portfolio Management

• Investors include individuals and Corporates.
• Minimum investment; MWK300, 000.00 for individuals, MK1, 000,000.00 for Corporates
• Investment is short term, minimum 30 days.
• Early withdrawals allowed without charge.
• Competitive interest rates.
• All deposits are secured.
• Withdrawal instructions executed within 24 hours.

Capital Market Portfolio Management

• Execution of medium to long term investments.
• Investments have long-term horizons.

Other Fund Management Services

• Management of:
• Gratuity funds
• Endowment or Trust portfolios.
• Self-Insured Portfolios.
• Private Wealth.

2.Corporate Finance / Financial Advisory:

• Open to Corporates.
• Provision of expert guidance on finance.
• Design of suitable financial strategies.
• Execution of Initial Public Offerings (IPO).
• Recapitalization of corporations.
• Re-structuring of debt.

3.Share Brokerage Services

• Acts as an agent in buying and selling of shares.
• Coordinates the service through NBM Service Centres.
• The service is offered to individuals and corporates.
• The service is offered at no cost.
• This is done through a secure and safe platform.

4.Trustees Training

• Equipping BOTs of Pension Funds in the following areas:
• Investment management guidelines & strategies:
• Objectives – driven investment activities.
• Tolerable limits on investment exposures.
• Performance benchmarks & targets to satisfy objectives.
• Investment policy formulation.
• Fund Structure advisory.
• Compliance to legal framework on investments

WHY CHOOSE NBM CAPITAL

• Competitive investment returns.
• Special attention to investment management.
• Highly competent, experienced & technical staff.
• Robust Investment System.
• Great degree of security and safety of investments.
• Strong shareholder base.
• Designed & monitored risk management framework.
• Great economies of scale.
• Regular client feedback with full investment details.
• Accountability & transparency through consultative approach.

OUR CONTACTS

NBM Capital Markets Limited
1st Floor, NBM Towers
Corner Henderson & Hannover Streets
P.O. Box 945
Blantyre
MALAWI
Tel: 01 831 177 / 179
Email: nbmcapitalmarkets@natbankmw.com

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