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NICO Holdings (MSW:NICO) Cash Payments for Deposits by Banks and Customers


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What is NICO Holdings Cash Payments for Deposits by Banks and Customers?

Cash Payments for Deposits by Banks and Customers only applicable to companies reporting Cash Flow from Operations in direct method.


NICO Holdings (MSW:NICO) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » NICO Holdings PLC (MSW:NICO) » Definitions » Cash Payments for Deposits by Banks and Customers
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Address
Chibisa House-19 Glyn Jones Road, PO Box 501, Blantyre, MWI
NICO Holdings PLC is a Malawi based financial service company that operates in diversified business. The company operates in segments including Life Insurance and Pension, General Insurance, Banking, Investment Holding, Asset Management and Information Technology. Its general insurance segment offers personal and commercial insurance covering motor vehicle, building, and road construction, liability, engineering, professional indemnity, marine hull & cargo, fire, and personal accident throughout Malawi, Zambia, Tanzania, and Uganda. While life insurance and pension products including Endowment Assurance are offered in Malawi and Mozambique. Majority of the revenue is earned from the Insurance sector. while its Asset Management and Banking segments are only operated in Malawi.