NBM Capital Markets
Fund Size: $82.6 million
Description: NBM Capital is a wholly-owned investment management subsidiary of National Bank of Malawi. It is duly licensed as an Investment / Fund Manager and Financial Advisor under the Financial Services Act, 2010. It is regulated by the Reserve Bank of Malawi.
National Bank of Malawi was established in 1971 as a result of a merger of Barclays Bank DCO (Dominion Colonial Overseas) and Standard Bank, which had its origins in Republic of South Africa, was widely established in Africa.
The merger of the two banks brought together complimentary operations to provide a country wide spread of assets and services.
Barclays Bank disinvested from Malawi in 1982 and Standard Bank which was later known as Standard Chartered Bank, left Malawi in 1996, in line with the broader strategic plans of the parent bank overseas.
National Bank today is the leading bank in the Malawi. It is a product of the experience and expertise of Barclays Bank and Standard Chartered Bank with a network of over 30 service centres.
Key Areas of Expertise:
Pension Fund management
Wealth management
Cash management
