By Teresa Mwachiona
National Bank shareholders are laughing all the way to the bank after the bank announced a healthy profit made despite the challenging business environment.
The bank has declared a profit after tax of K34.2 billion for the year ended December 2021 representing a 52 percent increase from the 22.4 billion registered in 2020.
The Bank’s Acting Board Chairman, Jimmy Lipunga, made the remarks at the 50th Annual General Meeting at the bank’s resource centre in Blantyre.
Among others, shareholders are expected to ratify a new board of directors for the bank.
National Bank remains one of the top banks in Malawi
