Description
Overview
MyBucks Banking Corporation Limited was licensed on 13th May, 2014 and commenced its operations on 24th July, 2015. It currently has 17 branches, 3 micro-finance outlets and over 80 agency banking outlets. It also operates three Foreign Exchange Bureaus in Lilongwe (Old Town & Gateway Mall) and Limbe. The bank is a licensed commercial bank and is regulated by the Reserve Bank of Malawi.
Shareholding
MyBucks Malawi is 100% owned by MyBucks S.A, whose Head Office is in Luxembourg and listed on the Börse Frankfurt Stock Exchange. The shareholder is a FinTech Company that provides financial products and services through technology, with presence across Africa, Europe and Australia. The Group offers credit, banking solutions and insurance products to customers. The MyBucks S.A. product offering enables customers to manage their financial affairs easily and conveniently.
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