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NICO Holdings Limited is a Financial Services Organization whose core business is Insurance and Banking. It also has portfolio investments in Real Estate and Information Technology..... Read More

2008 has been another good year for the Group. Despite the challenges faced during the year, the group was able to register exceptional performance, strong growth and, a good result.  What is even more pleasing is that all the business lines were profitable.
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>> Click here for Final Dividend 2008
>> Consolidated & Summary Statement Results for the half year ended 30 June 2009

Amongst its subsidiaries, NICO Holdings Limited has insurance companies located in Malawi, Zambia, Tanzania, Uganda and Zimbabwe.
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NICO Holdings Limited acquired a 74% stake in the then New Building Society when it was privatized in 2003. This has now been transformed into a fully fledged commercial bank and renamed NBS Bank Ltd. The bank was successfully listed on the Malawi Stock Exchange on the 25th of June 2007.
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