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Reserve Bank of Malawi

From Wikipedia, the free encyclopedia
Central Bank of Malawi
Reserve Bank of Malawi
Logo of Reserve Bank of Malawi
Logo of Reserve Bank of Malawi
Reserve Bank of Malawi Mzuzu Branch in the city of Mzuzu.
Reserve Bank of Malawi Mzuzu Branch in the city ofMzuzu.
EstablishedJuly 1964
Ownership100%state ownership[1]
GovernorWilson Banda
Central bank ofMalawi
CurrencyMalawian kwacha
MWK (ISO 4217)
Websitewww.rbm.mw

TheReserve Bank of Malawi is thecentral bank ofMalawi established in the year 1964 located in Lilongwe.[2] The current governor is Wilson Banda.[3]

The Bank is active in promotingfinancial inclusion policy and is a leading member of theAlliance for Financial Inclusion. It is also one of the original 17 regulatory institutions to make specific national commitments to financial inclusion under theMaya Declaration[4] during the 2011Global Policy Forum held in Mexico.

The Reserve Bank of Malawi is the only institution permitted to issue theMalawian kwacha, which replaced theMalawian pound in 1971.

Governors

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See also

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References

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  1. ^Weidner, Jan (2017)."The Organisation and Structure of Central Banks"(PDF).Katalog der Deutschen Nationalbibliothek.
  2. ^"Reserve Bank of Malawi - Contact details".www.rbm.mw. Retrieved2016-09-20.
  3. ^"About - Reserve Bank of Malawi".www.rbm.mw. Retrieved2017-05-18.
  4. ^"Maya Declaration Urges Financial Inclusion for World's Unbanked Populations - RIVIERA MAYA, Mexico, Sept. 30, 2011 /PRNewswire-USNewswire/". Mexico: Prnewswire.com. Retrieved2012-03-08.
  5. ^abcdeMadise, Sunduzwayo (26 March 2019).The Regulation of Mobile Money: Law and Practice in Sub-Saharan Africa.ISBN 9783030138318.
  6. ^"About - Reserve Bank of Malawi".
  7. ^"Malawi appoints Wilson Banda as new central bank governor".Reuters. 8 July 2020.

External links

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