Determining Public Ownership in Malawian Banking Industry

Financial regulators take serious approach on matters regarding shareholding of banks to protect the banking industry from illicit enterprises and few greedy investors who might cause massive harm to the economy and depositors. Public ownership in Malawian banks is capped at ten percent (10%) of the issued share capital despite absence of the reasons for such plugging. This study strived to find meaning of the public and level of compliance with the ten percent (10%) ceiling on shareholding. The results however indicate that the term public is blur and brings confusion and not good for policy enforcement and therefore regulators must take urgent deliberate policies to redress the current scenario