| New Finance Bank Limited | |
| Type: | Private company |
| Foundation: | 24 July 2014 |
| Location City: | Lilongwe |
| Location Country: | Malawi |
| Key People: | Francis Pelekamoyo Chairman Zandie Shaba Managing Director |
| Num Employees: | 96 (2017) |
| Revenue: | Aftertax: |
| Industry: | Financial services |
| Products: | Loans, Transaction accounts, Savings, Investments, Debit cards |
| Homepage: | Homepage |
New Finance Bank (NFB), whose complete name is New Finance Bank Malawi Limited is a commercial bank in Malawi. It is one of the commercial banks licensed by the Reserve Bank of Malawi, the central bank and national banking regulator.[1] [2]
The bank's headquarters and main branch are located in Mwai House, at 13/112 Independence Drive, in the central business district of the city of Lilongwe, the capital and administrative headquarters of Malawi.[2] The geographical coordinates of New Finance Bank headquarters are: 13°57'45.2"S, 33°47'47.3"E (Latitude:-13.962500; Longitude:33.796389).
The bank received a banking licence from the Reserve Bank of Malawi on 13 May 2014 and began commercial transactions on 24 July 2014. New Finance Bank Malawi Limited has one subsidiary, NFB Forex Bureau, where it maintains 100 percent ownership.[1] The bank serves all members of society, with special focus on those who are financially under-served.
, New Finance Bank maintained six networked branches and eleven automated teller machines, including at the following locations:[3]
, the stock of the bank, was owned by the following entities:[1] [7]
| 1 | MyBucks of Luxembourg | 50.0 |
| 2 | Finsbury Investment of Scotland | 50.0 |
| Total | 100.00 | |