Standard Bank, previously known as the Commercial Bank of Malawi, was registered as a commercial bank on 15 March 1969. The start-up share capital was K2.5 million and the founder shareholders were the Malawi Development Corporation (20%), Press Holdings Limited (20%) and Banco Pinto Sotto Mayor (60%). The first branch was opened in Limbe on 11 April 1970.
Standard Bank in Malawi operates from 19 points of representation across the country and has a staff complement of just over 600. The business of the bank is divided into two main units, namely: Personal and Business Banking Division and Corporate and Investment Banking Division.
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View our branches and our contact details.
For shareholding structure and details of our performance for year ended 31 December 2009.
Awards and accolades
Standard Bank Malawi has enjoyed a number of awards and accolades in recent years.