MyBucks Banking Corporation has posted a profit after tax of K1.8 billion in the first half of the year 2020 compared to K817 million recorded in June 2019.

A local entity, Mpatsa Holdings Limited, has procured 49 percent of shares in MyBucks Malawi.

MyBucks Banking Cooperation has established a fully-fledged International Trade Finance Department, a move believed to be in line with the bank’s commitment of making peoples’ lives better through convenient and simplified banking using technology and partnerships.

TNM Mpamba Limited will be foregoing revenue in excess of K80 million per month for the next three months in the quest to help stem the spread of Coronavirus (Covid-19) and ensuring development of a digital financially enabled society, which will enjoy long-term benefits.