INDEbank: A commercial bank registered in Malawi and regulated by the Reserve Bank of Malawi. Incorporated as a development bank in 1972, INDEbank tranformed into a commercial bank in 2002. In 2005, TransAfrica Holdings of Mauritius and Press Trust acquired majority interest in thle Bank and together with Admarc Investments own 100% of INDEbank Limited.
INDEbank serves Malawi’s niche markets: Small and Medium sized Enterprises, High Net Worth Individuals and Corporates, the Export/Import Trade Sector and provides traditional retail and commercial banking
services through its branch network. |