Standard Bank Malawi Head of Investment Banking, Enock Kondowe revealed that the bank is willing to support capital raising need for various corporate entities in Malawi.

The above was announced, following the Airtel Malawi Plc Initial Public Offering (IPO) deal in which Standard Bank was lead transaction adviser, transfer secretary and receiving bank. According to Kondowe, the bank has a deep understanding of the capital markets and sector expertise.

Kondowe said the bank has expertise to support clients in a range of capital raising solutions, including equity issuances on the stock market. The Airtel IPO saw a total of 8,067 subscribers where 85% were retail investors and 15 percent were institutional investors.