Bank Supervision

Annual Reports

NOTE:Some documents on this page are in PDF Format. To view these you will need Adobe Acrobat Reader which you can download for free

Document Title	Released
Financial Institutions Supervision Annual Report 2015	Nov 11, 2016
Financial Institutions Supervision Annual Report 2014	Sep 17, 2015
FINANCIAL SECTOR SUPERVISION ANNUAL REPORT 2013	Oct 28, 2014
Bank Supervision Annual Report 2012	Oct 31, 2013
BANK SUPERVISION ANNUAL REPORT 2011	Nov 28, 2012
Bank Supervision Annual Report 2010	Dec 27, 2011
Bank Supervision Annual Report 2009	Jan 01, 2010
Bank Supervision Annual Report 2008	Jan 01, 2009
Bank Supervision Annual Report 2007	Jan 15, 2008
Bank Supervision Annual Report 2006	Jan 19, 2007
Bank Supervision Annual Report 2005	Jan 09, 2006

Contact Details

Further information or inquiries concerning the preparation, submission and status of an application should be submitted to:

The Director
Bank Supervision Department
Reserve Bank of Malawi
P. O. Box 565
Blantyre
Malawi
Tel. No.: (265) 1 820 299
Fax No.: (265) 1 821 311
Email: emlelemba@rbm.mw or BASU@rbm.mw

Disclaimer
Every effort has been made to ensure that the information herein contains accurate and reliable information prevailing at the time of publication. However, where the contents are at variance or in conflict with the Banking Act or related Guidelines and Directives issued by the Reserve Bank of Malawi, the latter shall take precedence over the former.

Directives & Guidelines

These are designed with the view to guiding market players on proper functioning of the banks by following international best practices. Building on the relevant Acts, the directives and guidelines afford regulatory flexibility to address emerging issues that would not otherwise wait upon the review of the acts and so add value to the financial system

NOTE:Some documents on this page are in PDF Format. To view these you will need Adobe Acrobat Reader which you can download for free

Document Title	Released
Directive - Submission of Information by Banks	May 25, 2016
Prompt Corrective Action Directive	Aug 04, 2014
Financial Asset Classification Directive	Aug 04, 2014
Fit and Proper Directive for Shareholders, Directors and Senior Management of Banks	Mar 20, 2014
Record Keeping Directive for Banks	Jan 02, 2014
Bank Licensing directive	Oct 31, 2013
Banking (Foreign Currency Exposure Limits) Directive	Oct 31, 2013
Banks (Premises Inspection) Directive	Oct 31, 2013
Large exposures and Credit Concentration Limits for banks directive	Oct 31, 2013
Transactions with related parties directive	Oct 31, 2013
ICAAP Guidelines	May 09, 2013
Operational Risk Guidelines	May 09, 2013
Market Disclosure Guidelines	May 09, 2013
ICAAP Internal Supervisory Guidelines	May 09, 2013
Guidelines - Stress Testing	May 09, 2013
Credit Risk Guidelines	May 09, 2013
Guidelines-Market Risk - March 2013	May 09, 2013
Disclosure of Information by Banking Institutions Directive	Oct 27, 2011
Foreign Currency Lending Ratio Directive	Oct 27, 2011
Directive on Annual Audits	Dec 15, 2010
Directive on Large Exposures	Dec 15, 2010
Directive on New Directors	Dec 15, 2010
Directive on Transactions with Related Persons	Dec 15, 2010
Supervisory Fees Directive	Dec 15, 2010
Premises Inspection Directive	Dec 15, 2010
Directive on Forex-Exposure Limits	Dec 15, 2010
Directive on Foreign Currency Lending	Dec 15, 2010
Directive on Call-Report-2004	Dec 15, 2010
Customer Due Diligence Directive	Dec 15, 2010
Banks Minimum Capital Ratios DIRECTIVE	Dec 15, 2010
Policy Statement On The Prudential Aspects Of Bank Liquidity	Dec 15, 2010
Liquidity Reserve Requirement Directive	Dec 15, 2010
Risk Management Guidelines For Malawi	Dec 15, 2010
Guide To Risk Management Framework - 2008	Dec 15, 2010
Corporate Governance Guidelines	Dec 15, 2010

Supervision of Banks

Broadly, Supervision and regulation of banks is aimed at safeguarding the interests of both present and potential depositors and other creditors as well as to ensure safety, soundness and stability of the banking system

Document Title	Released
2013 Bank Supervision Annual Questionnaire for Banks Discount Houses and Leasing Finance Company	Jan 02, 2014
2013 BANK SUPERVISION ANNUAL QUESTIONNAIRE FOR CREDIT REFERENCE BUREAUX	Jan 02, 2014

Licensing Requirements and Guidelines

The purpose of a vigilant licensing process is to protect the interests of depositors and the public and help minimise future bank failures by ensuring that only fit and proper players are allowed to conduct banking business in the country. Bank licensing policy helps ensure that only shareholders of appropriate standing and repute with adequate financial capacity are licensed to conduct banking business. Subject to this requirement, impediments to the entry of new players are kept to a minimum with the view to levelling the playing field and open up the system to fair competition and product innovation

Document Title	Released
Agent Banking Regulations	Aug 04, 2014
CRB Regulations	Oct 27, 2011
Revised Green Book December 2010-Final	May 26, 2011
Guidelines For Mergers And Acquisitions Of Banks	Mar 16, 2011
Credit Reference Bureau Applications Forms	Mar 16, 2011
Banking Application Forms	Dec 15, 2010
Guidelines On Application For A Banking Licence	Dec 15, 2010

List of Banks & Other Financial Institutions

Information on Banks and other financial institutions (deposit taking and non deposit taking) supervised by Reserve Bank of Malawi

Banks

Other Financial Institutions

FIRST DISCOUNT HOUSE
LEASING AND FINANCE COMPANY

Credit Reference Bureaux

Credit Data CRB Limited
CRB Africa (Mw) Limited

SUPERVISORY AUTHORITIES

1. MINISTRY OF FINANCE

Address:

Capital Hill
P.O. BOX 30049
Lilongwe 3
Telephone:+265 1 782 199
Telex: 44407
Telefax: +265 781 679
E Mail: finance@malawi.net

2. RESERVE BANK OF MALAWI-HEAD OFFICE

Address:	Convention Drive P.O. BOX 30063 Lilongwe 3 Telephone:+265 1 770 600 Telex: +265 1 744 788 Telefax: +265 1 784 752 E mail: reserve-bank@rbm.mw

3. RESERVE BANK OF MALAWI-BLANTYRE BRANCH

Address:	10 Hannover Street P.O. BOX 565 Blantyre Telephone: +265 1 820 299/444 Telefax: +265 1 822 118 E mail: BASU@rbm.mw

Reserve Bank of Malawi

Reserve Bank of Malawi