Our Brand

Standard Bank Plc, previously known as the Commercial Bank of Malawi is a subsidiary of the Standard Bank Group. It was registered as a commercial bank on 15 March 1969. The start-up share capital was K2.5 million and the founder shareholders were the Malawi Development Corporation (20%), Press Holdings Limited (20%) and Banco Pinto Sotto Mayor (60%). The first branch was opened in Limbe on 11 April 1970. It first listed on the stock market in January, 1998.

In 2001, Standard Bank group bought 60.18% stake in commercial bank and became the majority shareholder. Over the years, Standard Bank has played a significant role in building the economy of Malawi through financing deals in Mining, Power and infrastructure, Agriculture and Retail sectors. It has over 50 years of local market knowledge and offers best banking solutions for large companies, Small and Medium entreprises as well as individuals.

Standard Bank has 27 branches and over 700 employees.