Investments made by BII in this company:
Investment name | Commitment | Region | Sector | Start date | Status |
---|---|---|---|---|---|
Investment 01 | $25m | Financial services | April 2014 | Exited |
The Standard Bank of Malawi (SBM), previously known as the Commercial Bank of Malawi, is one of the country’s national banks. It has 19 branches across Malawi and a workforce of 600.
The bank began life in 1969 and after several changes – including an IPO – Standard Bank became the majority shareholder in 2001.
Investment name | Commitment | Region | Sector | Start date | Status |
---|---|---|---|---|---|
Investment 01 | $25m | Financial services | April 2014 | Exited |