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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]
GovernorDalitso Kabambe
Central bank ofMalawi
CurrencyMalawian kwacha
Websitewww.rbm.mw

The Reserve Bank of Malawi is the central bank of Malawi established in the year 1968 located in Lilongwe.[2] The current governor is Dalitso Kabambe[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. ^ a b c d e f https://books.google.com/books?id=pvCODwAAQBAJ