FDH Bank plc says its listing on the Malawi Stock Exchange (MSE) on Monday morning will offer confidence to all shareholders that the home grown bank is on its way of realizing its vision of being the leading provider of first class financial solutions in Malawi and the Southern African region with share price jumping […]
One of the growing commercial banks in the country, FDH Bank has on Monday officially listed on Malawi Stock Exchange (MSE). FDH Bank is now be fifth bank to be listed and pushes the number of counters on the bourse to 16. The bank’s share price has gained K5 in five trades to trade at K15 […]
The FDH Bank plc Initial Public Offer (IPO) for its shares has been oversubscribed by over MK 300 million, clearing the way for the bank to be listed on the Malawi Stock Exchange (MSE) early next month. Board of directors for FDH Bank said in a statement that a total of 1,413,152,144 shares were applied […]
FDH Financial Holdings Limited (FDHFHL), the parent company of FDH Bank, has posted a profit after tax of K5.87 billion for the half year ended 30th June 2020 representing 18% increase from K4.96 billion achieved over a similar period last year. A statement on unaudited consolidated and separate financial statements signed by FDHFHL Board Chairman […]
Old Mutual Investment Group has been accused of ‘corporate sabotage’ over the sale of FDH Bank shares after it released a report telling its pensioners not to purchase the shares even though Old Mutual holds shareholding in FDH Bank. One of the Old Mutual pensioners said Old Mutual released an analysis of the FDH Bank […]
Four leading Investment Advisers have recommended to members of the public to purchase FDH Bank shares currently on offer saying they offer a great opportunity for a great return on investment in future. NICO Assets Managers, Continental Assets Managers, Cedar Capital and Alliance Stockbrokers Limited share similar sentiments that the FDH Bank shares being offered […]
FDH Bank, which is on a path to list on the 15-counter Malawi Stock Exchange (MSE) this year, has posted a K3.22 billion after-tax profit in the half year ended June 30 2020. This is a drop from K3.35 billion achieved during the same period last year, according to summarised audited financial statements by managing […]
The People’s Alliance on Democracy (Pade) has warned the the new administration of President Lazarus Chakwera against arbitrary arrests and victimization of perceived political enemies, saying such a path would affect the administration’s efforts to heal a broken nation. “Malawi faces numerous social, political and economic challenges. However, it seems there is an unwritten rule […]
FDH Bank Limited of Malawi has donated K2 million a to Malawi’s oldest and music legend Giddes Chalamanda. The bank has also promised to give Chalamanda a retirement package after he entertained and educated Malawians and thousands across the globe through his top of the class music for several decades. FDH Bank spokesperson Lorraine Lusinje […]
FDH Bank has introduced a loan of up to K10 million for both customers and non-customers to borrow to enable them purchase shares which the bank is currently offering in anticipation of listing on the Malawi Stock Exchange (MSE) in August this year. Head of Marketing at FDH Bank, Levie Nkunika said the loan repayment […]
FDH Bank has given out a K2 million package to a 14-year-old up-and-coming singer Medson Kapeni aka ‘Made-See’ identified by their brand ambassador Patience Namadingo. The package will ensure it carter for his education studies and nurture his talent in music recording project. Made-See is a Form Three student. FDH Bank Public Relations Officer Lorraine […]
FDH Bank plc has issued an Initial Public Offer (IPO) to the Malawian public who has a chance to own shareholding of the bank. Managing Director for FDH Bank plc, Dr Ellias Ngalande said with the blessing of the Reserve Bank of Malawi(RBM) and the Malawi Stock Exchange (MSE), the offer period for the IPO […]
FDH Bank plc has announced its intention to list on the Malawi Stock Exchange (MSE) in August this year making it the 16th company to be listed on the bourse. Managing Director for FDH Bank plc , Dr Ellias Ngalande said in a statement on Monday that the listing, subject to MSE and Reserve Bank […]
FDH Bank – set to list on Malawi Stock Exchange this year – has reaffirmed its commitment to support football and netball in the country despite challenges resulting from the economic impact of the coronavirus (Covid-19) pandemic. “As a home-grown bank that champions growth, FDH Bank takes keen interest in the development of sports in […]
FDH Bank Osafinyika promotion is going towards the end where a lucky winner will be a proud owner of a Mazda Demio vehicle come July 2, 2020. Speaking during the second draw of the promotion in Blantyre on Thursday FDH Bank Marketing Manager Ronald Chimchere said customers need to transact using the bank’s digital platforms […]
Malawi national netball team, the Queens have been offered K4.2 million from leading commercial bank FDH as a relief package from negative financial impact of the Covid-19, the strands for coronavirus pandemic. FDH Bank marketing manager Ronald Chimchere confirmed the news, saying the package will see 30 players in Malawi Queens receiving K35 000 monthly […]
FDH Bank has supported the Institute of Chartered Accountants in Malawi (ICAM) Covid-19 Response efforts with a K2 million donation. The donation will be part of a fund set up by the Malawi Chambers of Commerce and Industry (MCCI) that is leading the private sector initiatives, to address Covid-19 Response needs in the country. ICAM […]
Minister of Population Planning and Social Welfare Mary Clara Makungwa says she is impressed with social cash transfer electronic-payment services FDH Bank is providing in Ntcheu District. The social cash transfer programme, also known as Mtukula Pakhomo, is a project reaching out to the ultra-poor and labour-constrained households, providing them with monthly financial support to […]