Malawi’s leading
specialist bank
Strategic treasury solutions for every financial goal
Whether you are looking to trade financial securities and foreign currency, we deliver solutions which grow your capital while safeguarding your future
Trading of financial securities
Solutions:
- Corporate bonds
- Treasury bills and notes: Government-issued, tradable in the secondary market
- Repurchase agreements
Benefits:
- Diversification beyond traditional deposits
- Attractive interest rates
- Liquidity and security
Foreign exchange
Features:
- Purchase: We buy forex (FX) from your foreign currency accounts (USD, EUR, GBP, ZAR)
- Sale: We sell forex (FX) to meet your offshore obligations (tuition, imports, etc.)
Benefits:
- Competitive exchange rates
- Seamless forex access for both inflows and outflows
Investment contracts
Features:
- Minimum balance: MWK 1,000,000
- Flexible top-ups and early withdrawal (no penalty) Secured by Treasury Bills/Notes and commercial papers
- Available in MWK, USD, and GBP
- Competitive, negotiable interest
Benefits:
- Predictable returns
- Customizable tenors
- No service fees
- Funds can be pledged as collateral
Other securities
Features:
- Forward exchange contracts: Lock in future forex (FX) rates to hedge risk
- Foreign currency swaps: Exchange forex (FX) now with agreed future reversals. This is ideal for managing global currency risk, optimizing interest rates, and improving liquidity.
