NBM Gets Green Finance Recognition Award

  • Bank of the nation, National Bank of Malawi (NBM) Plc, was recognized with the Green Energy Finance award during the Green Finance Conference by Africa Guarantee Fund (AGF) in Lilongwe last week.
  • Through the green guarantee facility, we have been able to lend to Green SMEs and become a prominent player and game-changer in green energy financings such as pay-as-you-go solar aggregators, off-grids and solar farm players.

Bank of the nation, National Bank of Malawi (NBM) Plc, was recognized with the Green Energy Finance award during the Green Finance Conference by Africa Guarantee Fund (AGF) in Lilongwe last week. The Bank’s Deputy Chief Executive Officer and Chief Commercial Officer (DCEO/CCO), Harold Jiya, hailed the partnership with AGF saying the recognition results from the Bank’s efforts in lending and financing green energy businesses.

AGF’s Group CEO, Jules Ngankam (right), presented a gift to NBM Deputy Chief Executive Officer and Chief Commercial Officer (DCEO/CCO) Harold Jiya. The COO, Jiya, said, “AGF has helped us take on more risk that we don’t ordinarily take, particularly when lending to SMEs. Through the green guarantee facility, we have been able to lend to Green SMEs and become a prominent player and game-changer in green energy financings such as pay-as-you-go solar aggregators, off-grids and solar farm players.”

AGF’s Group CEO, Jules Ngankam, acknowledged the partnership with NBM Plc, enabling them to offer products and services that align with the green transition. He said, “Green growth is defining a new way of living, a new way of doing business, a new way of exchanging goods and services.” Ministries of Finance, Energy, Reserve Bank of Malawi officials, Bankers Association of Malawi (BAM) members, Green SME project owners, Green Energy experts, and others attended the conference in Malawi.

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