BLANTYRE, Malawi – Standard Bank Malawi has announced a profit after tax of K122 billion for the 2025 financial year, representing a 41 percent increase compared to the previous year.
The impressive financial results were unveiled on Friday during the bank’s 28th Annual General Meeting (AGM) in Blantyre, where shareholders also approved several key resolutions, including the appointment of non-executive directors.
Speaking at the AGM, Board Chairperson Alex Mkandawire said the bank will pay K35 billion to shareholders as dividends, while the remaining profits will be retained to strengthen the bank’s capital position, cushion against future economic shocks, and finance strategic investments.
Mkandawire said the retained earnings will enable the bank to remain financially resilient while supporting future business growth and delivering continued value to customers and shareholders.
The strong financial performance underscores Standard Bank Malawi’s resilience despite a challenging economic environment marked by inflationary pressures and foreign exchange shortages.
The 41 percent growth in net profit is expected to boost investor confidence and further cement Standard Bank Malawi’s position as one of the country’s leading financial institutions.
