Global InformationIndebank information
| Company type | Private |
|---|---|
| Industry | Financial services |
| Founded | 1972 |
| Headquarters | Indebank House Blantyre, Malawi |
Key people | Managing Director |
| Products | Loans, Checking, Savings, Investments, Debit Cards |
| Revenue |  :Pretax:US$2.8 million (MWK:455+ million) (2010) |
| Total assets | US$79 million (MWK:12.8 billion) (2010) |
| Website | Homepage |
Indebank was a commercial bank in Malawi. It derived its name from Investment and Development Bank of Malawi Limited, the original name at the time of its founding. Indebank is one of the commercial banks licensed by the Reserve Bank of Malawi, the national banking regulator.[1]
Indebank ceased to operate on 30 April 2016 and its operating assets and liabilities were acquired by National Bank of Malawi effective 1 May 2016. Indebank's banking licence was consequently surrendered to the central bank.
- ^ "List of Licensed Commercial Banks In Malawi". Archived from the original on 2006-07-16. Retrieved 2010-11-01.