National Bank of Malawi Plc Secures landmark US$100 million financing facility from Afreximbank to support trade finance
In a move set to significantly boost trade financing in Malawi, the African Export-Import Bank (Afreximbank) has signed a landmark US$100-million Trade Finance Facilitation Facility (AFTRAF) agreement with National Bank of Malawi (NBM) Plc, the country’s largest bank by assets. Representing the largest AFTRAF facility ever to be extended by Afreximbank in Malawi, the US$100-million…
