Invest in business ideas with potential— Reserve Bank of Malawi - The Times Group Malawi: NGWENYA— Commercial banks are ready to
invest in loans
With seven recessions that have affected rain-fed agriculture in Malawi’s 55 years of independence, Reserve Bank of Malawi Governor Dalitso Kabambe believes that banking commercial banks’ hopes solely in investments in the agriculture sector is akin to putting all eggs in one basket.
It is a tricky situation, but one fraught with opportunities for investments in other sectors of the economy, Kabambe told delegates to the Institute of Bankers (IoB) fourth annual general meeting held under the theme ‘Financial Sector Synergies: A Catalyst for Financial Inclusion’ held on Friday and Saturday in Mangochi Distric
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