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Capital Bank

Posted by DB Product Review on Friday, August 15, 2014 Under: Banks

Capital Bank Limited is a subsidiary of First Merchant Bank Limited (FMB), Malawi. FMB has been working in Malawi since 1995 and it was the first private area bank to be conceded a business saving money permit in Malawi. 

FMB has indicated exceptional development over years and in the year 2002, FMB procured a 100% shareholding in one of the biggest renting organizations in Malawi, Leasing and Finance Company of Malawi Limited. 

FMB is the main bank in Malawi to get the Bank Of The Year grant from The Banker magazine, for four sequential years - 2002, 2003, 2004 and 2005. FMB issued shares to people in general in June 2006, and these are recorded on Malawi Stock Exchange. 

FMB has a 51% shareholding in Capital Bank,with the remaining shares being held by different gatherings including nearby shareholders of Botswana. This makes the bank the first in Botswana with indigenous, private shareholders. 

Capital Bank gives different sorts of managing an account administrations and plans to attain most noteworthy principles of client administration.

In : Banks 



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