By Suleman Chitera
Customers Stand a Chance to Win an Electric Vehicle and Weekly Cash Prizes
NBS Bank has intensified efforts to promote financial inclusion and encourage a culture of saving among Malawians through the launch of the “Kwakoma ndi ku NBS Bank Promotion,” a nationwide campaign designed to reward customers for maintaining savings and actively using banking services.NBS Bank finances Lindian US$11.6M equipment
Speaking during the official launch of the promotion on Thursday, NBS Bank Chief Operating Officer Shadreck Chikusile highlighted the importance of cultivating a strong savings culture as a key driver of personal financial security and national economic growth.
Chikusile observed that while Malawi has made notable progress in expanding access to financial services, many people still struggle to save money consistently despite earning an income.
“We have seen significant improvements in financial inclusion over the years, but there is still a need to encourage more Malawians to join the formal banking sector and develop a habit of saving. Saving money is essential for financial stability and long-term prosperity,” said Chikusile.NBS Bank commits K5 billion to BEAM sanitation drive
The newly launched promotion aims to motivate customers to increase their savings while enjoying exciting rewards. The grand prize is a multi-million-kwacha electric vehicle, with additional weekly prizes including cash rewards and other incentives.
According to NBS Bank, customers who wish to participate in the promotion must maintain a minimum balance of K250,000 in their accounts and actively transact using NBS banking services. Customers enrolled in the bank’s family banking service will also have an opportunity to qualify for and win prizes.
The promotion is expected to run until 31 December 2026, giving customers several months to participate and improve their chances of winning.NBS Bank Extends Strategic Alliance with Rabobank Until 2026
Financial experts have often emphasized that a strong savings culture helps individuals manage emergencies, invest in future opportunities, and build financial resilience. Through the promotion, NBS Bank hopes to inspire more Malawians to embrace disciplined saving habits while benefiting from modern banking services.
The initiative also aligns with broader efforts to deepen financial inclusion across Malawi by encouraging individuals and families to utilize formal banking systems rather than relying solely on informal methods of storing money.NBS Bank unveils groundbreaking national football league for Malawi’s second tier
As competition among financial institutions continues to grow, the “Kwakoma ndi ku NBS Bank Promotion” positions NBS Bank as one of the leading banks promoting responsible financial management while rewarding customer loyalty.