Standard Bank Records K122 Billion Profit in 2025 Financial Year

Standard Bank Malawi has reported a profit of K122 billion for the 2025 financial year, reflecting strong business performance and growth in its operations.

The announcement was made during the bank’s 28th Annual General Meeting (AGM) held in Blantyre, where officials engaged shareholders and other stakeholders in reviewing the institution’s performance over the past year.

During the meeting, it was also disclosed that K35 billion will be distributed to shareholders as dividends.

Speaking in an interview, Standard Bank Chief Executive Officer, Philip Madinga, said the profit demonstrates the progress the bank is making through collaboration with shareholders and other players in the economy.

He noted that such partnerships are vital in supporting economic growth and contributing to the country's economic recovery.

Meanwhile, Minority Shareholders of Listed Companies (MISALICO) Secretary General, Frank Harawa, commended the bank for maintaining a strong relationship with its shareholders.

He said the development reflects positive growth in shareholding and encouraged more local investors to consider purchasing shares in Standard Bank and other listed companies.

The bank’s strong financial performance comes at a time when businesses continue to navigate economic challenges while seeking opportunities for growth and investment.