Centenary Bank & Ministry of Tourism partner to bolster Malawi's tourism industry

In a move to grow and promote Malawi's tourism industry, the Ministry of Tourism and Centenary Bank Limited have entered into a partnership through a Memorandum of Understanding (MoU).

The agreement aligns with the government's "ATM" strategy, focusing on creating jobs and wealth through Agriculture, Tourism and Mining. Centenary Bank will offer tailored financial products, including accounts, loans, and insurance plans, to support tourism enterprises, workers, and local communities. The bank will also provide foreign currency exchange services to facilitate smooth travel experiences for tourists.

Bernard Mkandawire, Centenary Bank's Chief Commercial Officer, expressed excitement about the partnership, stating it aligns with the bank's goals of providing inclusive financial services to transform lives. The Principal Secretary for Tourism, Chauncy Simwaka, thanked the bank for creating special products for the tourism sector, which will aid the country's economic recovery.

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Source: Voyages Afriq