Verified List of Banks in Malawi (2026 Update)
Official Name: Republic of Malawi
Capital City: Lilongwe
Currency: Kwacha (MWK)
Continent: Africa Country: Malawi Total Banks: 9
Our records for Malawi currently show 9 verified banking institutions, primarily based in and around Lilongwe. This listing was last cross-checked against primary sources during the 2026 audit cycle.
Malawi holds 0.07 tonnes of gold reserves, a hard-asset buffer factored into its broader financial resilience profile. Malawi has a population of approximately 22,700,000, offering scale context for its 9 listed banking institutions. Average inflation is estimated at approximately 24.10%, a useful benchmark for currency and purchasing-power stability in the region. The largest commercial bank operating in Malawi is National Bank of Malawi.
Malawi's banking sector shows roughly 100% direct SWIFT/BIC connectivity, corresponding to an 'Integrated' classification under the Bankinfobook Financial Connectivity Index.
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Looking for more details on SWIFT codes? Explore our comprehensive guide to SWIFT Codes Explained.
CDH investment bank
SWIFT: CDHIMWMW
Centenary bank
SWIFT: MBBCMWMW
Ecobank
SWIFT: ECOCMWMW
FDH bank
SWIFT: FDHFMWMW
First Capital bank
SWIFT: FRCGMWMW
MBC bank
SWIFT: NFBMMWMW
National bank
SWIFT: NBMAMWMW
NBS bank
SWIFT: NBSTMWMW
Standard bank
SWIFT: SBICMWMX
✓ Verified: This entry was personally compiled and reviewed by Milan Ignjatovic using primary sources.
Founder & Sole Curator, Bankinfobook | Master Manager of ICT · Graduated Economist
Last Data Review: January 1, 2026