NBM Development Bank

NBM Development Bank Ltd is a wholly owned subsidiary of National Bank of Malawi Plc. It is a Development Finance Institution Licensed by the Reserve bank of Malawi. It was established as a long term financing arm of NBM Plc. for small to medium sized enterprises (SMEs). The core business of the Development Bank is to provide debt and equity capital to SMEs within key target sectors. The Bank also assists these enterprises with business support services in order to assure viability of the enterprises.

The distinguishing feature of our financing model against commercial banks lending is that all applications have to demonstrate a development impact in terms of promoting environmental and social economic sustainability. e.g. financing of clean energy products and financing of projects that create jobs. Each individual application is examined against intentionality test to identify those that are specifically intended to bring positive social economic impact alongside commercial viability.