Commercial Banks
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Business News
ATM certification for Nat Switch ends March
The country’s commercial banks will by March end have completed certifying their automated teller machines (ATMs) to transact on the…
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Business News
National Switch to go live early 2015—RBM
The National Switch (Nat Switch), a shared switch platform to connect all the country’s commercial banks, will go live in…
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Front Page
Liquidity challenges hit commercial banks
Some commercial banks are struggling to meet their daily minimum liquidity requirements and have resorted to borrowing from Reserve Bank…
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Business News
Malawi kwacha hits K520
The kwacha hit K520 against the dollar in commercial banks on Tuesday, a loss of about 20 percent within two…
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Business News
Commercial bank presence triples
Commercial bank branches, as measured by geographical presence and in relation to population tripled in the last two years consequently…
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Business News
Lombard facility access peaked at K11.5bn in June
Commercial banks starved of liquidity borrowed K11.5 billion in June through the Lombard facility, a rise of 56 percent from…
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Business News
Commercial banks borrow K27.5 billion
Commercial banks borrowed K27.5 billion on the interbank market—from the Reserve Bank of Malawi (RBM) and other commercial banks—according to…
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