Standard Bank Satisfied with Financial Inclusion Drive, Draws First Winners in Zichuluke Promotion

Standard Bank Satisfied with Financial Inclusion Drive, Draws First Winners in Zichuluke Promotion

Steady uptake of financial services by the informal sector is proof that products and services offered by banks are resonating with government’s policies on financial inclusion among Malawians, says Standard Bank Plc. Speaking on Thursday during the first draw of Zichuluke Promotion, Head-Consumer and High Net Worth Clients, Charity Mughogho noted that since the bank […]

STANDARD BANK SET THE PACE: Releases K112million for Covid-19 Fight

STANDARD BANK SET THE PACE: Releases K112million for Covid-19 Fight

Standard Bank has become the first commercial bank in the country to respond to President Lazarus Chakwera’s State of National Disaster by releasing an immediate K112 million towards replenishing oxygen and other critical medical supply for Covid-19 at the country’s four major hospitals. In a statement,Standard Bank Chief Executive Philip Madinga said Queen Elizabeth, Kamuzu, […]

Standard Bank Plc Registers MK15.9 Billion Profit

Standard Bank Plc Registers MK15.9 Billion Profit

Standard Bank Plc has  registered a 50% rise in its 2019 profit margins with an after-tax value of MK15.9 billion from MK10.6 billion in 2018, this according to a statement released at the company’s annual general meeting. The meeting this year was held digitally as way of preventing the spread of Covid-19 through restrictions on […]

Covid-19: Standard Bank Waives Digital Banking Fees

Covid-19: Standard Bank Waives Digital Banking Fees

As way of providing relief to customers from the effects of Covid-19 pandemic, Standard Bank has adjusted its fee structure for customers who use internet and mobile banking. This is in direct response to recommendations by Reserve Bank of Malawi among which was the reduction of fees and charges on a range of digital services. […]

Covid-19 Offers Stern Test To Digital Banking—Standard Bank

Covid-19 Offers Stern Test To Digital Banking—Standard Bank

Despite causing disruption to the socio-economic order globally, the Coronavirus Disease offers a real test of digital banking capabilities in Malawi, a senior Standard Bank executive has said. Charity Mughogho, who is the bank’s Head of Personal Markets said in a discussion posted live on Standard Bank Malawi’s official Facebook page that COVID-19 while being […]

Standard Bank Partners Multichoice Malawi For DSTV Subscription Payments

Standard Bank Partners Multichoice Malawi For DSTV Subscription Payments

Standard Bank has eased DSTV subscription payment for its customers through a partnership with local operator Multichoice Malawi, in a move that both firms say will deepen customer satisfaction. DSTV is a direct broadcast satellite service in Sub Saharan Africa that provides multiple sports, edutainment and recreational programming to millions across the continent. With the […]

Standard Touts Capital Raising Capabilities After Airtel Listing On MSE

Standard Touts Capital Raising Capabilities After Airtel Listing On MSE

Standard Bank Plc, the lead transaction advisor in the recent successful IPO of Airtel, says it is well-positioned to support capital raising ventures. The bank’s Head of Investment Banking, Enock Kondowe said in a post-listing statement of Airtel that Standard Bank has deep understanding of the Malawi’s capital markets and sector expertise. “Standard bank has […]

Standard Bank Opens Executive Banking Suite at Mzuzu Main Branch

Standard Bank Opens Executive Banking Suite at Mzuzu Main Branch

In its quest to extend reach of customer-centric solutions to Malawians in all regions, Standard Bank has opened an Executive Suite at its Mzuzu main branch to offer targeted and convenient services to private and executive customers. The new banking suite – which offers modern and personalized service – has primarily been put in place […]

Standard Bank Hands Over K46 Million Classroom Block to Mzuzu Govt Secondary School

Standard Bank Hands Over K46 Million Classroom Block to Mzuzu Govt Secondary School

Standard Bank on Wednesday handed over a K46 million twin-classroom block to Mzuzu Government Secondary School, marking an end to limitation of classroom space at one of the country’s oldest and top performing secondary schools in the country. Coincidentally, the official handover drew the curtain on the commemoration of the bank’s 50th anniversary that commenced […]

Standard Bank Donates Medical Kits To KCH Cancer Unit

Standard Bank Donates Medical Kits To KCH Cancer Unit

As part of commemorating this year’s World Cancer Day, Standard Bank on Friday donated cancer treatment kits worthy K3 Million to Kamuzu Central Hospital (KCH) cancer unit in Lilongwe. The donation comprises laboratory materials such as MRTD kits, Glucometer, Glucostics, Nitrile-Xtra exam gloves. Other items are emergency kits like ECG multiparameter, Oxygen concentrators, Emergency trolley, […]