NBS Bank
NBS Bank Limited, commonly referred to as NBS Bank, is a commercial bank in Malawi. It is licensed as a commercial bank, by the Reserve Bank of Malawi, central bank and national banking regulator.
Location
The head office and man branch of NBS Bank are located in NBS House, at the corner of Chipembere Highway and Johnstone Road, in the city of Blantyre, the financial capital of Malawi. This location is often referred to as Ginnery Corner, in the neighborhood known as Chichiri, Blantyre. The geographical coordinates of this bank's headquarters are: 15°48'02.0"S, 35°01'20.0"E.Overview
NBS Bank is a midsized retail bank in Malawi., the bank's asset base was valued at MWK:123.1 billion, with shareholders' equity of MWK:11.5 billion.History
In 1964, Central Africa Building Society, Commonwealth Century Building Society and First Permanent Building Society merged to form New Building Society. The institution converted into a commercial bank in 2004, following the issuance of a banking license by the Reserve Bank of Malawi, the national banking regulator.Ownership
The shares of the bank are traded on the Malawi Stock Exchange, where they are listed under the symbol NBS. The shareholders in the stock of NBS Bank included the following, as of December 2018:Rank | Shareholder | Percentage Ownership |
1 | NICO Holdings Limited | 54.63 |
2 | Continental Holdings Limited | 27.25 |
3 | Public | 16.71 |
4 | National Investment Trust Limited | 1.31 |
4 | NBS Bank Employee Share Ownership Scheme | 0.10 |
Total | 100.0 | - |
Branches and departments
, the bank maintains branches at the following locations. The branches are referred to as Service Centres.- Mzuzu Service Centre: Mzuzu
- Mzimba Service Centre: Mzimba
- Nkhotakota Service Centre: Nkhotakota
- Nkhata Bay Service Centre: Nkhata Bay
- Chitipa Service Centre: Chitipa
- Dwangwa Service Centre: Dangwa
- Rumphi Service Centre: Rumphi
- Karonga Service Centre: Karonga
- Mchinji Service Centre: Mchinji
- Ntchisi Service Centre: Ntchisi
- Kasungu Service Centre: Kasungu
- Lilongwe Service Centre: Lilongwe
- Capital City Service Centre: Lilongwe
- Dedza Service Centre: Dedza
- Kanengo Service Centre: Kanengo, Lilongwe
- Airport Service Centre: Kamuzu International Airport, Lilongwe
- Riverside Service Centre: Riverside Drive, Lilongwe
- Salima Service Centre: Salima
- Crossroads Service Centre: Lilongwe
- Liwonde Service Centre: Liwonde
- Blantyre Service Centre: Blantyre
- Haile Selassie Service Centre: Blantyre
- Ginnery Corner Service Centre: Chichiri, Blantyre Main Branch
- Limbe Service Centre: Limbe
- Zomba Service Centre: Zomba
- Mangochi Service Centre: Mangochi
- Mulanje Service Centre: Mulanje
- Chichiri Mall Service Centre: Chichiri Mall, Chichiri, Blantyre
- Nchalo Service Centre: Nchalo, Blantyre
- Ntcheu Service Centre: Ntecheu
- Neno Service Centre: Neno
- Balaka Service Centre: Balaka.
Governance