Nedbank extends reach


As part of its commitment to make banking more accessible to all Malawians, Nedbank has opened two new branches, one in Mangochi and the other in Kasungu.

This comes barely a few weeks after the bank successfully implemented a new core banking system (Flexcube) and upgraded its internet banking platform.

Paul Guta, Nedbank Managing Director, said the bank’s intention is to serve the personal and business banking needs of its new and existing clients.


“We are delighted to bring these two new branches to our customers in Kasungu and Mangochi. Mangochi and Kasungu are areas of vibrant economic activity as such; we believe, our presence will go a long way in enabling greater financial inclusion while contributing towards economic growth and social development in these communities and surrounding areas.

“Beyond this, we see ourselves as becoming the reliable and right partners for those corporate businesses that have a countrywide reach. One way to serve these customers better and meet their needs, is for Nedbank to be present in the key areas where these customers are,” he said.

Guta further said the opening of the two new branches is in keeping with the bank’s client centred approach to continue delivering a choice of distinctive experiences and channels, enabled through physical and digital presence.


He also said that Nedbank Malawi is in a growth and investment drive.

“In this regard, the market should expect more from the bank as it continues to expand its distribution platform, product as well service offering to its customers,” Guta said.

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