Commercial banks continue to innovate with the latest being Ecobank which has announced an upgraded USSD banking platform that is now allowing its customers to transact without the usage of data.

Nine people have won various cash prizes in the ongoing NICO General’s Eyetu Drive Promotion’s first quarter draw that was held in Blantyre on Friday.

A financial institution, Finca Malawi, has launched a promotion called Kufewa ndi Finca as a way to promote a saving culture among people in the country.

The First Capital Bank has launched a six-month retail banking campaign aimed at encouraging Malawians to embrace a saving culture by utilizing digital banking platforms.

FDH Bank has taken a step ahead in promoting a saving culture by introducing “Kukonza Tsogolo” Promotion where luck person will win K5 million grand prize.

Despite a tough economic landscape, coupled with the Covid-19 pandemic, the depreciation of the Malawi kwacha, weather shocks and fiscal slippage, Eco Banks has posted a K12.0 billion profit before tax, representing a 15 percent growth in 2021.

NICO Life Insurance company says it has recorded an 18 percent growth in premiums from K2.2 billion in 2020 to K2.6 billion in 2021.

NICO Group says 50 years of its existence in the country have been of highs and lows.

Supa Pesa, a Malawian sports betting firm, has presented a K21 million cheque to Gift Bonyonga who emerged overall winner in the Bet Yanga sports prediction game.