Malawi Stock Exchange: NBS

How many employees work at NBS Bank?

NBS Bank Plc (NBS) has approximately 1,484 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. NBS Bank's total headcount has grown 20.2% from 1,235 employees in 2023 to 1,484 in 2026.

Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published July 2026

About NBS Bank's Workforce

NBS Bank Plc (NBS) is a Financial Services company that employs 1,484 people worldwide as of March 2026. It is the 7th-largest by headcount among its peers. Founded in 2003, the company is headquartered in Blantyre, Malawi and trades on the Malawi Stock Exchange.

NBS Bank's workforce has grown 20.2% from 2023 to 2026, up 7.4% year over year in 2026. Its workforce is concentrated most in Malawi (98.8%), followed by India (0.2%) and the United States (0.2%), with Malawi, its fastest-growing location, up 3.0%.

NBS Bank's largest functional groups are Finance and Operations (41.6%), Sales and Marketing (35.3%), and Engineering (23.0%), with Engineering growing fastest (up 4.2%). Median employee tenure is 4.0 years. The average salary is $10,030, ranging from a median of $39,000 in Northern America to $7,000 in Sub-Saharan Africa.

NBS Bank's sentiment is neutral but improving. Its peers total ten institutions, with NBS Bank ranked 7th by headcount among its peers. An unusually geographically concentrated workforce, the bulk of it in Malawi, stands out as its most distinctive trait.

Sourced from Revelio Labs workforce data.

As of March 2026

NBS Bank
workforce metrics

Headcount

1.5k

7.4% YoY

Avg. Salary

$10k

3.5% YoY

Tenure

4.0yr

0.3yr YoY

Growth Rate

7.4%

0.1pts YoY

Hiring Rate

Attrition Rate

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Interactive chart of NBS Bank annual worldwide employee count from 2023 to 2026.
  • NBS Bank had 1,484 employees in 2026, a 7.4% increase (+105) from 2025.
  • NBS Bank had 1,504 employees in 2025, a 13.5% increase (+190) from 2024.
  • NBS Bank had 1,314 employees in 2024, a 2.3% increase (+30) from 2023.
  • NBS Bank had 1,284 employees in 2023, a 8.4% increase (+103) from 2022.

NBS Bank's total workforce has grown from 1,235 employees in 2023 to 1,484 in 2026.

NBS Bank Plc — quarterly employee count (20232026)

YearQtrEmployeesYoY ChangeYoY %
2026Q11,484+105+7.4%
2025Q41,504+190+13.5%
2025Q31,487+197+14.2%
2025Q21,421+144+10.7%
2025Q11,379+100+7.5%
2024Q41,314+30+2.3%
2024Q31,290+24+1.9%
2024Q21,277+42+3.3%
2024Q11,279+76+6.2%
2023Q41,284+103+8.4%
2023Q31,266+83+6.7%
2023Q21,235+54+4.5%

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Malawi accounts for the largest share of NBS Bank's global workforce with approximately 99% of total employees, followed by India and the United States. NBS Bank's headcount in Malawi is growing fastest among its major locations, up 3.0% year over year in 2026.

NBS Bank employees by country — 2026

CountryEmployees% of TotalYoY %
Malawi1,45998.8%+3.0%
India30.2%+0.0%
United States30.2%+0.0%
South Africa30.2%+0.0%
Cameroon20.1%+0.0%
Serbia10.1%+0.0%
Switzerland10.1%+0.0%
Vietnam10.1%+0.0%
Nepal10.1%+0.0%
Russia10.1%+0.0%

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NBS Bank's largest employee groups are Finance and Operations (41.6%), Sales and Marketing (35.3%), and Engineering (23.0%).

NBS Bank employees by department — 2026

DepartmentEmployees% of TotalYoY %
Finance and Operations61941.6%+1.8%
Sales and Marketing52535.3%+3.5%
Engineering34223.0%+4.2%

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NBS Bank's average employee salary is $10,030 globally. Employees in Northern America receive the highest compensation, with median pay approximately 3.9x the global average. Pay is lowest in Sub-Saharan Africa, at a median of $7,000.

NBS Bank median employee salary by region — 2026 (USD)

RegionMedian Salary
Northern America$39,000
Southern Asia$9,000
Sub-Saharan Africa$7,000

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Revelio Labs tracks employee sentiment across NBS Bank's workforce based on public professional data. Overall sentiment is neutral and has improved year over year in 2026.

Overall

NegativePositive

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How fast is NBS Bank growing?
In 2026, NBS Bank's headcount grew 7.4% to 1,484 employees, up from 1,379 in 2025.
Where are NBS Bank employees located?
Most NBS Bank employees are based in Malawi (98.8% of headcount), followed by India and the United States.
What is the average salary at NBS Bank?
The average employee salary at NBS Bank is approximately $10k per year.
When was NBS Bank founded and where is it headquartered?
NBS Bank was founded in 2003 and is headquartered in Blantyre, Malawi.

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