Nedbank (Malawi) Limited is a private limited company incorporated in Malawi under the Companies Act, and is registered as a commercial bank under the Banking Act, 2009.
Nedbank (Malawi) Limited is 98.82% owned by Nedbank Group Limited through its 100% owned subsidiary, Ned Group Investments Africa, a company incorporated in Mauritius. The remaining 1.18% of the shares is owned by Nedbank Group Limited. Nedbank Group Limited, which is incorporated in South Africa and is listed on the Johannesburg Stock Exchange, is ultimately controlled by Old Mutual PLC, incorporated in the United Kingdom. Old Mutual PLC is listed on the London and other stock exchanges.
Nedbank Group Limited has a wide footprint with presence in Namibia, Swaziland, Malawi, Mozambique, Lesotho, Zimbabwe, Isle of Man, Guernsey and Jersey. It also has representative offices in other Southern Africa countries, including Angola, Kenya and key global financial centers that provide international banking services for multinational and high-net-worth clients, in London, Toronto and Dubai (UAE).
Nedbank Malawi Limited is a fully fledged bank for all; catering for Corporate, Small to Medium Enterprises and individual clients. Currently it is operating in 8 branches located across the main cities of Blantyre, Lilongwe, Mzuzu and Madisi in addition to the Head and Regional offices that are situated in Blantyre and Lilongwe respectively.