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FMB defend BAM Championship at 2018 Sports Day

First Merchant Bank (FMB) were crowned champions of the Bankers Association of Malawi (Bam) Sports Day for the third consecutive year at College of Medicine Sports Complex in Blantyre on Saturday. The event attracted bankers from different banks in the country who competed in various sporting disciplines. FMB emerged champions in volleyball and football before …

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Malawi commercial banks to fight against money laundering

Bankers Association of Malawi (BAM) has said commercial banks will deal with money laundering in the country by using the Money Laundering Act which was enacted a few years ago. BAM said it will continue asking for customers’ personal details which include physical and postal addresses, utility bills, customer registration certificate, that’s for business entities, …

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