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National payments system in mixed fortunes—RBM

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The Reserve Bank of Malawi (RBM) says the national payments system recorded mixed fortunes in second half of 2023 with the total volume of transactions slightly dropping while the value surged to K71.9 billion. In its Financial Stability Report, the RBM says that there was a considerable increase in industry’s use of electronic funds transfers

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Malawi , Bram Fudzulani , Kondwani Kamwendo , Association Of Malawi , Reserve Bank , Financial Stability Report , Malawi Inter Bank Transfers , Settlement System , Business News ,

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