Ecobank Malawi is supervised and regulated by the Banking Supervision Department of the Reserve Bank of Malawi (RBM), which is the Central Bank of Malawi. EBG has 6 branches and customer service points in Ghana and a head count of 88. R.O.E has consistently been around 9% in 2009,2010 and 2011 but slumped to leas than 1% in 2012 due to adverse macroeconomic factors experienced in that year. ROA has been averaging 1% in the past four years.2013 has brighter prospects and we exect the ROE to be in the region of 40% and ROA to be around 6%.
Area: 118,484 sq km
Capital: Lilongwe
Principal cities: Lilongwe
Official language: English (official) Chichewa (national)
Independence day: 6 July
Population: 15,028,757 (July 2010est.)
Demographic growth: 2.746% (CIA 2010 est)
Life expectancy: 50.03 years (CIA 2010 est.)
Literacy rate: 62.7% (CIA 2003 est.)
Religion(s): Christian 79.9%, Muslim 12.8%, other 3%, none 4.3% (1998 census)
Human development index: 164th out of 177 countries
Currency: Malawian kwachas (MWK)
GDP: $4.57 billion (CIA 2009 est.)
GDP per capital: $800 (CIA 2009 est.)
Growth rate: 7.6% (CIA 2009 est.)
Rate of unemployment: N/A
Rate of inflation: 8.4% (2009 est.)
Net budgetary position: – 7.8 % of GDP
Balance of payment: – 51 Million Dollars
Export partners: Germany 12.37%, Egypt 8.52%, South Africa 7.67%, Zimbabwe 7.55%, US 7.4%,Russia 5.4%, Netherlands 6.64%, Japan 4.1% (CIA 2009)
Import partners: South Africa 40.15%, China 6.79%, India 6.73%, France 5.03%, Tanzania 4.81%, Mozambique 4.03% (CIA 2009)
Contribution of various sectors to GDP: Agriculture: 35.1% Industry: 19.8% Services: 45.1% (CIA 2009 est.)
Search for Ecobank Job Vacancies