Reserve Bank Of Malawi - Blantyre

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Company name
Reserve Bank Of Malawi
Location
10 Hannover Street, P.O.Box 565, Blantyre, Malawi
Contact number
Fax
(265) (0) 820 527
Website address
Working hours
  • Monday: 8:00 am - 4:30 pm
  • Tuesday: 8:00 am - 4:30 pm
  • Wednesday: 8:00 am - 4:30 pm
  • Thursday: 8:00 am - 4:30 pm
  • Friday: 8:00 am - 4:30 pm
  • Saturday: Closed
  • Sunday: Closed
E-mail address
Company description
The Reserve Bank of Malawi was established under an Act of Parliament in July 1964 (Chapter 44:02 Laws of Malawi) and started its operations in June, 1965 in Blantyre. It replaced a branch of the Federal Bank of Rhodesia and Nyasaland founded to serve as a central bank of the Federation of Rhodesia and Nyasaland. The federation comprised Southern Rhodesia (now Zimbabwe), Northern Rhodesia (now Zambia) and Nyasaland (now Malawi).

In 1990, the Reserve Bank of Malawi clocked 25 years of its operations with total assets amounting to K1.03 billion and foreign assets accounting for K324.5 million. By the close of 1998, total assets of the Bank registered a high of K18.8 billion with foreign assets amounting to K11.3 billion. The operations of the Bank have therefore expanded during the years  
Show more more especially with the growth of the financial sector. This necessitated the building of a new and spacious branch office in Blantyre which was officially opened in November, 1998.

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