NBM’s Chief Executive Officer, MacFussy Kawawa, said the donation was "part of our corporate social responsibility policy."
He said the bank places education as a priority in its CSR programme, hence the donation.
“We are proud to make this donation to schools and we will continue supporting the education sector with various activities for national development," said Kawawa.
“We also offer scholarships. This is our contribution to have a nation of educated people who will in turn develop the country.”
The CEO also disclosed that the bank will soon open a branch in Dwangwa, home to Illovo sugar factory and also a thriving trading centre, to serve customers within this part of the lakeshore area.
He said: “Having looked at our presence in the lakeshore area we have found that there is a need for more presence, we have identified Dwangwa to construct a service center where construction work is at advanced stage and in the course of the year we will be opening Dwangwa service center.”
The school's deputy head teacher Daniel Saka expressed gratitude to NBM for the timely donation.
"The donation will help minimize challenges that the school is facing such as inadequate facilities and furniture.
He said until the donation was made, learners at the school would sit on the floor especially during primary school examinations because three primary schools at the boma use Nkhotakota secondary school as their cluster center.
In his remarks, senior education methodology officer for Central East Education Division, Sakai Musopole, appreciated the gesture shown by tr bank. He asked the bank to continue supporting education in the country.
He encouraged students to work hard and aim for higher education in order to be reliable citizens. He also advised students and staff members to take care of the furniture and have a sense of ownership.
Nkhotakota Secondary School was established in 1964 and the school accommodates over 550 students.