NBS Bank Limited is holding its 15th Annual General Meeting with the following details:
|Venue:||:||Ryalls Hotel, Blantyre, MW|
About the company
NBS Bank Limited is a leading commercial bank in Malawi; providing corporate and retail banking solutions, and treasury managements products and services. The company was established in 1964 when Central Africa Building Society, Commonwealth Century Building Society and First Permanent Building Society merged to form New Building Society (NBS). The financial institution became a commercial bank in 2004 after it was issued a banking license by the Reserve Bank of Malawi. NBS Bank is a subsidiary of NICO Holdings Limited. In addition to general banking products and services for the corporate and private sector, NBS Bank provides solutions for international trade, SME loans, asset finance and mortgage loans and short- and long-term insurance products. NBS has a national network of 37 service centres, with its head office based in Blantyre, Malawi.
This annual general meeting (AGM) is a mandatory yearly gathering of the company’s interested shareholders. At the AGM, the directors of this company present an annual report containing information for shareholders about the company’s performance and strategy. Shareholders with voting rights vote on current issues, such as appointments to the company’s board of directors, executive compensation, dividend payments and selection of auditors.
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