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National Bank of Malawi wins Indebank bid

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The Public Private Partnership Commission (PPPC) has announced that National Bank of Malawi (NBM) emerged the preferred bidder for the recapitalisation of the partially-State owned Indebank beating two other bidders including Mulli Holdings. PPPC chief executive officer Jimmy Lipunga said at a news conference in Blantyre that the commission concluded the evaluation of “the best...

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