- Written by Steve Chilundu - The Nation
- Created on 04 December 2020
The Institute of Bankers (IoB) in Malawi has challenged authorities to develop policies that ensure that agriculture becomes financing-friendly for commercial banks.
IoB Malawi chairperson Zandile Shaba, who is also chief executive officer of MyBucks Banking Corporation Malawi, said this yesterday at the Bankers Agribusiness Conference organised jointly with the Confederation of Women in Business (Comfwb) regional conference for Common Market for Eastern and Southern Africa (Comesa) in Lilongwe.
- Written by Grace Phiri - The Nation
- Created on 17 October 2020
The Reserve Bank of Malawi (RBM) says the banking sector has thus far remained sound and stable, thanks to the monetary and regulatory interventions it instituted to cushion Covid-19 impact.
RBM Governor Wilson Banda said in an interview last week that the financial sector regulator has continued to witness increases in credit risk in the market, reflected through loan moratoriums extended to borrowers affected by the pandemic.