National Bank of Malawi (NBM) plc has unveiled K60 million in support for Blantyre Sports Club (BSC) for construction projects, including a security fence at the club. The support strengthens NBM plc's 16-year partnership with the sports facility. Speaking after the handover ceremony on Wednesday, NBM plc Head of Corporate Banking Division Bernard Masi said [...]
Nyasa Times News Desk
Nyasa Times Reporter
12h ago · 1 min read
National Bank of Malawi (NBM) plc has unveiled K60 million in support for Blantyre Sports Club (BSC) for construction projects, including a security fence at the club.
The support strengthens NBM plc's 16-year partnership with the sports facility.
Speaking after the handover ceremony on Wednesday, NBM plc Head of Corporate Banking Division Bernard Masi said the contribution was part of the bank's commitment to supporting the communities the club serves.
"The bank recognises the role that BSC plays in serving communities and bringing people together, most of whom are also our customers.
"The partnership is not only about the bank's corporate association with the club but also about contributing to initiatives that benefit the wider community," said Masi.
Masi said part of the K60 million would support maintenance works at the club, whose infrastructure has aged over the years, while also contributing to initiatives aimed at promoting participation in sport.
BSC Chairman Nathan Nkhata commended the bank, describing the contribution as higher than what had initially been anticipated.
"The fencing project is necessary to address security concerns at the club and prevent people from freely accessing the golf course," said Nkhata.
Nkhata said the K60 million is sufficient to complete the fencing project, although the club has other development plans for which it may seek further support from NBM plc.
"The club's corporate social responsibility initiatives include a programme that has opened up golf to six women by providing free membership for two years.
"Most of the women benefiting from the initiative are NBM plc employees, providing another link between the bank's support and the club's community programmes," said Nkhata.
GPGrace Phiri
2h agoFinally some clarity on this. Thanks for the detailed breakdown.
JBJames Banda
1h agoI hope the authorities actually follow through this time.
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