Malawi Stock Exchange-listed NBS Bank has strengthened its position in Malawi’s financial sector through the expansion of its wholly-owned subsidiary, NBS Forex Bureau Limited.
In an interview, NBS Forex Bureau General Manager Fiskani Chiyendawamba said the bureau was established as part of the bank’s comprehensive strategy to enhance financial access and operational efficiency across the country.
“We, at NBS Forex Bureau, are dedicated to providing secure, reliable and customer-centric forex solutions that meet the needs of both individuals and businesses. We aim to ensure seamless access to foreign exchange and international remittance services while maintaining the highest standards of compliance and efficiency,” Chiyendawamba said.
One of the bureau’s customers, who owns a small-scale business, Gertrude Lumbili, expressed satisfaction with its impact on her operations.
The bureau currently operates in Lilongwe and Blantyre, with plans to open a new service centre at the airport to further enhance convenience for travellers and business clients.
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