National Bank of Malawi Plc has announced a dividend of MWK 3.21 per share

Record date: 08/03/2019

Pay date: 01/04/2019

Ex dividend date: 11/03/2019

For year end date: 31/12/2018

Period end date: 31/12/2018

Gross dividend: 3.21

Net dividend: 3.21

Marker: FNL

Frequency: ANL

About the company

National Bank of Malawi is a leading financial institution in Malawi; providing solutions for retail, corporate and investment banking and stock broking services through a national network of 22 service branches. The parent company of National Bank of Malawi is Press Corporation Limited (PCL). Its subsidiaries include National Bank of Malawi Nominees Limited and Stockbroker Malawi Registered Limited. The financial institution operates two divisions; corporate banking and retail/personal banking. The corporate banking division specialises in providing financial services through packaged deals. The retail banking division provides personal banking solutions which include utility bill payments, Internet and mobile banking, and ATM facilities. A major revenue source for the National Bank of Malawi is its treasury division which includes a foreign exchange and money market operation. The National Bank of Malawi was established in 1971 with the merger of Barclays Bank DCO (Dominion Colonial Overseas) and Standard Bank (South Africa).