NBM Reaffirms Support for SMEs as Backbone of Malawi’s Economy
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National Bank of Malawi Plc (NBM) has once again underscored its unwavering commitment to empowering Small and Medium Enterprises (SMEs), describing them as the heartbeat of Malawi’s economic growth.
Speaking during a vibrant Family Day event held in Lilongwe, NBM Marketing and Corporate Affairs Manager Akosa Hiwa said the bank recognizes the critical role SMEs play in driving innovation, job creation, and community development.
> “At NBM, we believe that SMEs are not just businesses; they are the backbone of our economy. Our goal is to continue creating platforms and financial solutions that help them grow sustainably,” Hiwa said.
The interactive event brought together customers, business owners, and partners, providing a space for networking and celebrating 16 years of mobile banking innovation through Mo626 — one of Malawi’s pioneering digital banking platforms.
Entrepreneur Chimwemwe Maloya of Oriatu Grills commended NBM for its consistent efforts in empowering local enterprises, noting that such initiatives are vital in complementing Malawi’s development agenda.
> “NBM’s support has been instrumental for small businesses like ours. Their approach to SME growth aligns perfectly with Malawi’s vision for inclusive economic development,” Maloya added.
Through continued engagement and innovation, NBM Plc is positioning itself as a trusted partner in unlocking opportunities for entrepreneurs across the country.
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