Malawi: Ecobank Malawi Secures U S $10m Trade Finance Guarantee to Boost Malawi s Food Security
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Ecobank Clinches $10 Million For Trade Financing of Malawi s Strategic Commodities
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Ecobank Malawi secures$10 million trade finance guarantee
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Ecobank Malawi has more than doubled its after-tax profit to K18.1 billion in the year ended December 31 2022 from the previous year’s K8.2 billion, despite the tough operating environment characterised by forex shortage and rising inflation. A summary of audited financial statements published yesterday showed that operating income increased to K45 billion from last