Malawi
About Standard Bank PLC
Standard Bank PLC is a leading financial institution providing comprehensive banking and related services in Malawi. Established in 1969 and headquartered in Lilongwe, the bank operates as a subsidiary of Stanbic Africa Holdings Limited.
Business Segments
The bank's operations are structured into the following key segments:
- Corporate and Investment Banking
- Treasury and Capital Management
- Personal and Private Banking
- Business and Commercial Clients
Products and Services
Standard Bank PLC offers a diverse range of financial solutions tailored to individual and business needs:
Banking Accounts
- Current, fixed deposit, and call accounts
- SME and contract save accounts
Loan Facilities
- Fixed term, home, and payday loans
- Revolving term and business credit facilities
- Commercial property and working capital loans
- Business overdraft services
Additional Services
- Trade, vehicle, and asset financing
- Debit cards and bancassurance products
- Investment advisory services
- Offshore banking solutions
- Digital banking (ATM, Internet, telephone, and electronic banking)
Corporate and Investment Banking
The bank provides specialized services including:
- Foreign exchange and commodities trading
- Debt securities and equities trading
- Transactional banking and trade finance
- Structured finance and project financing
- Wealth management and advisory services
Standard Bank PLC serves a diverse clientele ranging from individuals to large corporates, financial institutions, and international counterparties.