Reserve Bank of Malawi

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Reserve Bank of Malawi
Reserve Bank of Malawi Mzuzu Branch in the city of Mzuzu.
Reserve Bank of Malawi Mzuzu Branch in the city of Mzuzu.
EstablishedJuly 1964
Ownership100% state ownership[1]
Governor
Central bank ofMalawi
CurrencyMalawian kwacha
Websitewww.rbm.mw

The Reserve Bank of Malawi is the central bank of Malawi established in the year 1964 located in Lilongwe.[2] The current governor is Wilson Banda.[3]

The Bank is active in promoting financial inclusion policy and is a leading member of the Alliance for Financial Inclusion. It is also one of the original 17 regulatory institutions to make specific national commitments to financial inclusion under the Maya Declaration[4] during the 2011 Global Policy Forum held in Mexico.

The Reserve Bank of Malawi is the only institution permitted to issue the Malawian kwacha, which replaced the Malawian pound in 1971.

Governors[]

See also[]

References[]

  1. ^ https://d-nb.info/1138787981/34
  2. ^ "Reserver Bank of Malawi - Contacts". www.rbm.mw. Retrieved 2016-09-20.
  3. ^ "About - Reserve Bank of Malawi". www.rbm.mw. Retrieved 2017-05-18.
  4. ^ "Maya Declaration Urges Financial Inclusion for World's Unbanked Populations - RIVIERA MAYA, Mexico, Sept. 30, 2011 /PRNewswire-USNewswire/". Mexico: Prnewswire.com. Retrieved 2012-03-08.
  5. ^ Jump up to: a b c d e f Madise, Sunduzwayo (26 March 2019). The Regulation of Mobile Money: Law and Practice in Sub-Saharan Africa. ISBN 9783030138318.
  6. ^ https://www.rbm.mw/about/
  7. ^ https://www.reuters.com/article/malawi-cenbank-idUSL8N2EF5HP

External links[]

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