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Malawi Stock Exchange Banks Hit Trillion-Kwacha Milestones as NBM Boosts Cybersecurity

Sunday, May 31, 2026
Photo: Malawi24

Companies listed on the Malawi Stock Exchange are reaching historic positive milestones in market capitalisation. According to Malawi24, recent market assessments show that NBS Bank recently hit a K1 trillion market capitalisation, National Bank of Malawi surpassed K2 trillion, and FDH Bank reached K4 trillion.

As digital transactions grow, financial experts are calling for tighter security measures to protect consumers from cyber threats. Malawi24 reports that National Bank of Malawi Head of Digital Financial Services William Kaunda warned that the country's payment networks must improve their fraud resilience to maintain customer trust. He emphasised that digital payments must be secure, verified, and reliable to combat financial fraud.

To support these cybersecurity goals, the National Bank of Malawi has committed K25 million to the 2026 International ICT Expo organised by the ICT Association of Malawi. The event takes place from June 4 to 5 in Lilongwe, focusing on securing digital exports and building reliable payment systems.

On the foreign exchange market, the Malawian kwacha has maintained stability against major currencies. According to May 29 trading data, the United States dollar was selling at 1,751 kwacha across multiple domestic banks.

Sources

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