Investments made by BII in this company:
| Investment name | Commitment | Region | Sector | Start date | Status |
|---|---|---|---|---|---|
| Investment 01 | $25m | Southern Africa | Financial services | April 2014 | Exited |
Standard Bank Malawi
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.