Bankers Association of Malawi (Bam) has reiterated its commitment to helping government to realise its aspirations in the Agriculture, Tourism and Mining (ATM) strategy. Bam President Phillip Madinga was speaking at Kamuzu Palace in Lilongwe when the new Bam executive committee offered its condolences to President Lazarus Chakwera followingthe tragic death of vice president Saulos Chilima and eight otherswho died in Chikangawa Forest in Mzimba on June 10. According to Madinga, the bankers will support the strategy by providing the necessary financing to help the development of the three sectors.
“The key message that we have given the President is our commitment to support the development agenda of this country; not only achievement of the Malawi 2063 but also initiatives to support the implementation of the MIP-1. “We touched on a number of areas which are very crucial. One of them is where banks can come in to support the ATM strategy,” Madinga said.
In his remarks, Chakwera thanked the bankers for the words of comfort following the fatal plane accident. He also asked the banker’s body to ensure that it boosts financial inclusion in the country. Chilima, alongside eight others, died when a military plane in which they were travelling crashed killing everyone on board.
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