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Home  »  Central Banks Worldwide  »  Reserve Bank of Malawi

Reserve Bank of Malawi

 

Reserve Bank of Malawi Logo

The Reserve Bank of Malawi was established under an Act of Parliament in July 1964 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. With this independence, the Reserve Bank of Malawi has the full mandate to conduct monetary policy whereas fiscal policy issues are the mandate of the Ministry of Finance. The Reserve Bank of Malawi therefore has to ensure that fiscal developments are consistent with monetary developments.

Mission of the Reserve Bank of Malawi is to achieve price and financial stability to contribute towards national economic growth and development. The Bank shall uphold core values that are an integral part of its vision, mission and corporate culture.

In pursuit of this, the Bank shall uphold the following core values:


 • Serving the national interest selflessly to ensure the continued prosperity of Malawi;
 • Providing quality service to its stakeholders;
 • Instilling excellence in every area of the Bank's operations and service;
 • Maintaining accessibility and openness to all stakeholders as is appropriate to the operations of the Bank; and
 • Value the Bank's employees, through provision of a conducive environment that promotes professionalism and soliciting full commitment from the employees in return.

In achieving the core values as stated above, the Reserve Bank commits itself to providing effective support functions through a sound banking and financial control system, appropriate information system and the development of competent and qualified staff.

Reserve Bank of Malawi HQ Location Map

Reserve Bank of Malawi
HQ Address: Convention Drive City Centre Lilongwe
Malawi
Tel: +265 0 1 770 600
Fax: +265 0 1 772 752
Website: www.rbm.mw
Email: reserve-bank@rbm.mw
Currency: Kwacha
Banking Hours:
Monday - Friday 8.00am - 1.00pm
 

 

 

List of banks governed by the Reserve Bank of Malawi
» National Bank of Malawi » Nedbank » Ecobank
» Standard Bank Malawi » Indebank » International Commercial Bank
» NBS Bank » Malawi Savings Bank » FDH Bank
» First Merchant Bank » Opportunity International Bank Malawi

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