Malawian Mid-Large Cap Stocks

NICO Holdings

Market Cap: MK 1.7t

Engages in general insurance, life assurance, pension administration, banking, corporate finance advisory, asset management, and information technology (IT) businesses in Malawi, Zambia, Uganda, and Mozambique.

Standard Bank

Market Cap: MK 4.9t

Provides banking and other related services in Malawi.

NBS Bank

Market Cap: MK 2.5t

Provides retail and corporate banking services to individuals, small and medium enterprises (SME), corporates, and public institutions in Malawi.

National Bank of Malawi

Market Cap: MK 5.3t

Provides retail, small and medium enterprise, corporate, and investment banking services in Malawi.

Illovo Sugar (Malawi)

Market Cap: MK 2.1t

Engages in the manufacture and sale of sugar from sugar cane in Malawi.

FDH Bank

Market Cap: MK 4.1t

Provides personal, business, corporate, and SME banking services in Malawi.

FMBcapital Holdings

Market Cap: MK 6.7t

Through its subsidiaries, provides corporate, investment, and retail banking products and services in Botswana, Malawi, Mozambique, Zambia, and Zimbabwe.