Standard Bank Boosts Bankers' Lakeshore Indaba with K10 Million
This year's theme, "Bridging the Gap: Inclusive Banking and Sustainable Development for All," reflects BAM's focus on driving progress and growth within the sector.
MANGOCHI, Malawi - Standard Bank Plc has donated K10 million to the Bankers Association of Malawi (BAM) in support of its annual Lakeshore Conference, set to begin Thursday in Mangochi, writes AfricaBrief Reporter.
The conference, a key event for Malawi's banking industry, brings together professionals to share knowledge, discuss industry trends, and network.
Standard Bank Head of Commercial Banking, Pempho Chalamanda, emphasized the bank's commitment to the financial sector's development and economic growth in Malawi.
"Our donation and participation in the conference reflect our dedication to the industry's development and our commitment to making a positive impact in the communities we serve," she said.
During the conference, Standard Bank will host a "Growth Conversations" forum, focusing on sustainability integration in banking.
The discussion will explore how banks can balance profitability with sustainable practices.
"We are proud to support BAM's Annual Lakeshore Conference and host the Growth Conversation Forum, which aligns with our purpose of driving Malawi's growth," Chalamanda added.
BAM Executive Director, Lyness Nkungula, expressed gratitude for Standard Bank's contribution, highlighting its timely boost to this year's event.
"We are grateful to Standard Bank for their support and participation, which will contribute to successful outcomes from the conference," she said.
"We are fostering financial inclusion, which augurs well with this year's theme."
This year's theme, "Bridging the Gap: Inclusive Banking and Sustainable Development for All," reflects BAM's focus on driving progress and growth within the sector.
Nkungula believes the conference will facilitate significant investments contributing to Malawi's socio-economic development.