NBS Bank

Ticker code NBS Industry Regional Banks NBS House
Ginnery Corner
P.O Box 32251
Chichiri
Blantyre 3, Malawi
ISIN MW000A1C5MF1 Sector Financial
Initial Listing 27 June 2007 Financial Year End 31 December
Website www.nbsmw.com Results Released Half-yearly

About

NBS Bank Limited was registered as a financial institution under the Banking Act on 1 March 2004 and commenced banking operations from 1 July 2004. The Bank was listed on the Malawi Stock Exchange in June 2007 and has 100% shareholding in NBS Forex Bureau Limited which commenced operations in January 2010 and was made dormant from 2012 to date.

Auditors

KPMG
MASM House
Lower Scalter Road
P.O. Box 508
Blantyre, Malawi

Secretary

Mrs C Ngondoma
NBS House
Ginnery Corner
P.O Box 32251
Chichiri
Blantyre 3, Malawi

Advocates

Unavailable


Name Position
Mr. F.L. Mlusu Chairman
Mrs. E. Nuka Director
Mr. V. Kumwenda Director
Dr. E.  Matabwa Director
Mr. C.  Mphande Director
Mr. L. Mandala Director
Mr. A. Saxena Director
Mr.  G. Van Heerde Director
Mr.  C. Chiundira Director
Mrs. C. Ngondoma Company Secretary
Mrs. B. Mandoloma Chief Executive Officer
Mr. D. Chatima Chief Financial Officer
Mr. M. Siwu Chief Operating Officer & Head of Credit
Mr. K. Siula Head of Corporate and Institutional Banking
Mr. S. Chikusilo Head of Operations
Mrs. M. Mulele Head of Legal
Mr. M. Chigoga Head of Personal and Business Banking
Mr. T. Kalanda Senior Branch Manager
Mr. P. Kanthambi Head of ICT
Mr. H. Phiri Head of Internal Audit
Mr. G. Masaiti Head of Human Resources
Mr. C. Bulawayo Head of Finance
Mr. B. Nkhoma Head of Treasury

Shareholding by industry code as at 31 December 2014
Industry Total shares Total shares % Total holders
Banks/nominees 23,546,966 3.24 83
Foreign company 132,137,578 18.16 4
Foreign individual 3,636 0.00 2
Insurance/assurance 9,901,327 1.36 10
Invest/trust etc. 44,798,906 6.16 35
Local company 377,259,817 51.85 77
Local individual 6,903,236 0.95 30
Non-resident 1,348,330 0.19 28
Other corp 4,085,469 0.56 14
Pension/provident 31,871,307 4.38 28
Resident ind 95,786,767 13.16 5,844
Total issued 727,643,339 100.00 6,155
Distribution of shareholders by size of shareholding as at 31 December 2014
Range Number of shareholders Number of shares % Shareholding
1 - 5,000                                            1,339 2,995,180 0.41
5,001 - 25,000                                            3,998 42,615,393 5.86
25,001 - 50,000                                                424 14,723,947 2.02
50,001 - 100,000                                                201 13,708,157 1.88
100,001 - 200,000                                                  80 10,747,488 1.48
200,001 - 500,000                                                  60 17,638,760 2.42
500,001 - 1,000,000                                                  28 20,901,414 2.87
1,000,001 and above                                                  25 604,313,000 83.05
Total 6,155 727,643,339 100.00
Distribution of shareholders by country as at 31 December 2014
Country Number of shareholders Number of shares % Shareholding
Canada 1 211,112 0.03
Cayman Islands 1 901 0.00
Ethiopia 1 4,389 0.00
Ghana 3 7,723,889 1.06
Kenya 1 21,112 0.00
Lesotho 1 49,084 0.01
Malawi 6,112 587,252,473 80.71
Mauritius 1 7,883 0.00
Netherlands 1 20,000 0.00
Norway 1 8,128 0.00
Oman 1 18,895 0.00
South Africa 8 171,656 0.02
Swaziland 1 5,278 0.00
Tanzania 1 7,706 0.00
United Kingdom 10 190,023 0.03
USA 7 131,911,324 18.13
Zimbabwe 4 39,486 0.01
Total 6,155 727,643,339 100.00