Media center         Mobile Banking         Careers        Login

CORPORATE PROFILE

VISION

A profitable, sustainable and transformational Bank.

 

MISSION

To provide customized financial solutions to the economically active people in Malawi and identified stakeholders through

optimized processes, technology and productive staff.

 

MOTIVATION

To provide customized financial solutions to the economically active people in Malawi and identified

stakeholders through optimized processes, technology and productive staff.

 

VALUES

Commitment - To our clients and their transformation.

Humility - A spirit of serving in all we do.

Respect - 360 degrees of consideration and teamwork.

Integrity - Living our values with transparency and consistency.

Stewardship - Accountability and urgency.

Transformation - Our ultimate goal in ourselves and others.

 

 

OVERVIEW

Opportunity Bank Malawi (OBM) was granted a full commercial banking license on March 21, 2002 and opened its first branch in Lilongwe on May 23, 2003. Opportunity Bank is a commercial bank which targets economically active Malawians and identified stakeholders through optimized processes, technology and productive staff.

 

The bank’s vision is by the Opportunity International Network (OIN) commitment to a “Triple-Bottom Line” comprised of large scale outreach, profitability and client transformation.

OIN is behind some innovating financial products to let people move out of poverty. Opportunity Bank’s approach is to provide access to multiple financial services (depository, lending, insurance and payment systems) in the deprived communities within the areas of its operation.

Opportunity Bank’s focus is to provide sustainable but flexible savings as a key service and other financial services.

 

BUSINESS STRATEGY

The OBM turnaround strategy 2015-2020 aims at transforming the bank to ensure its continued growth and prosperity and seeks to formulate and implement appropriately integrated strategic, organizational and operational responses to internal and external conditions. The focus going forward is overhauling the business from the top line that is

venturing into new markets, new business units and new products to catapult the growth of the revenue base on the path to profitability.

 

OBM has introduced distinct business segments which are namely Retail/Micro Business and Small to medium enterprises (SME). The Retail and Micro business will continue to service the retail segment and the SME business will focus on the high value end business clients which will also see the introduction of Trade Finance as part of the bank’s product offering.

 

 

BANKS PERFORMANCE & INNOVATIONS

The theme of the strategy itself is “moving from current organizational challenge to new rules, re-invigorated processes and sustainable existence”. To achieve this feat, the turnaround strategy is thus aligned to the revised Strategy Foundations, Vision, Mission, Values and strategic recovery pillars of PROFITABILITY, INCOME IMPROVEMENT, COST REDUCTION, REGULATORY COMPLIANCE, IMPROVEMENT OF RISK PROFILE, EXECUTION, and EFFICIENT DONOR MANAGEMENT AND IMPROVED ORGANISATIONAL PERFORMANCE.

 

The revised, updated and re-generated Vision, Mission and Values statements are further interpreted as placing OBM in a state of financial viability and longevity, while being the leading authority and example on reforming and altering both itself as an organization and the lives of its customers, staff and identified stakeholders. The Mission asserts that OBM will succeed for itself and for its stakeholders by being solution driven, with optimal processes, technological support, a staff base that is equipped, engaged and satisfied enough within them to be able to satisfy their stakeholders.

 

 

 

NEWS

WHAT WE DO

WHAT YOU CAN DO

JOIN A COMMUNITY

Approach to Microfinance

Mission, Vision & Motivation

Risk Disclosures

Products & Services

Where We Work

 

 

Transformational Stories

Support Our Initiatives

Fund a Loan

Give a Gift Card

Start a Fundraiser

 

 

Governors

Young Ambassadors

Women's Opportunity Network

Campus Ambassadors

 

 

 

Top Stories

Events

Blog

Publications

 

 

    About Us      Strategic Partners        Careers & Internships          Social Channels          Contact Us

 

Click to Print This Page

Christ Centred, Client Focused, Transformation Bank.

© Opportunity International Bank Malawi 2013        Developed by PMC