Standard Bank Malawi Overview and Key Facts

Standard Bank Malawi is a significant financial institution in the country. It is a subsidiary of Standard Bank Group, a leading African bank.

The bank has a long history, established in 1901. Standard Bank Malawi has a strong presence in the country with a network of branches across major towns.

Standard Bank Malawi offers a range of banking services to individuals, businesses, and government institutions. These services include personal banking, corporate banking, and investment banking.

The bank has a reputation for providing excellent customer service and innovative banking solutions.

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The ownership structure of Standard Bank Malawi is quite interesting. The bank's shares are listed on the Malawi Stock Exchange under the symbol STANDARD.

The largest shareholder is Standard Bank Group, holding a significant 54.70% stake in the bank. This means that the parent company has a substantial amount of control over Standard Bank Malawi's operations.

The majority of the remaining shares are held by the public, making up 18.85% of the total ownership. Other notable shareholders include NICO Holdings Limited with 18.20%, Old Mutual Life Assurance Company Limited with 4.89%, Press Trust with 2.11%, and Magetsi Pension Fund with 1.25%.

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Standard Bank Malawi is a publicly traded company, and as such, its ownership structure is transparent. The bank's shares are listed on the Malawi Stock Exchange under the symbol STANDARD.

The majority shareholder of Standard Bank Malawi is the Standard Bank Group, which holds a significant 54.70% stake in the bank.

The bank's ownership is also held by various public and private entities, including NICO Holdings Limited, Old Mutual Life Assurance Company Limited, Press Trust, and Magetsi Pension Fund.

Here's a breakdown of the major shareholders in Standard Bank Malawi as of 31 December 2018:

Standard Bank Plc is a significant player in the ownership structure of our company. Its 20% stake in our shares is a testament to the strong partnership we've built over the years.

Standard Bank Plc has been a long-standing shareholder, with a history dating back to our initial public offering in 2001.

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Standard Bank Malawi offers a range of convenient banking features that make managing your finances easy and efficient.

You can access your account online or through the bank's mobile banking app, making it possible to check your balance, pay bills, and transfer money on the go.

The bank's online banking platform allows you to view your account history, make transactions, and pay bills with just a few clicks.

Standard Bank Malawi also offers a mobile banking app that allows you to manage your account from your smartphone or tablet.

With the bank's mobile app, you can check your account balance, pay bills, and transfer money to other accounts.

The bank's online banking platform and mobile app are both secure and easy to use, making it simple to manage your finances from anywhere.

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