NBS Bank Plc and NBS Forex Bureau Limited’s financial performance has posted K4.46 billion profit after tax, representing a growth of 162%.

Speaking to shareholders and other business partners at Mount Soche Hotel, NBS bank’s Chief Executive Officer, Kwanele Ngwenya announced that Board of Directors has recommended the payment of a dividend for the year ended 31 December 2019 of K1.019 billion, representing 35 tambala per share.

NBS Bank had a progressive 2019, as the stock price kept rising for most of the months. On the other hand, the Bank was awarded the Euromoney Best Bank in Malawi for 2018 and recently won the Banker award for best bank in Malawi in 2019.