January 26, 2021 Duncan Mlanjira - Nyasa Times 2 Comments
Malawi Stock Exchange-listed NBS Bank has rolled out a digital initiative named Bank Pafupi, through which the country’s unbanked rural masses now can afford to sustain and secure their savings and investments.
NBS Bank Chief Treasury and Global Markets Officer, Benedicto Bena Nkhoma: NBS inspired to roll out the Bank Pafupi services after a study
These agents are all over the country
Very visible signage all over
Agreement signed between Nkhoma (left) and Postmaster General Zachaeus Meke
The Bank Pafupi operates through private agents across the country in both urban and rural areas and since its inception in 2002, NBS Bank has over 900 agents and the figures are steadfastly rising.