FDH Bank has invested K3 million in a project under the Ministry of Education, Science and Technology that will see 2019 Cyclone IDAI victims establish Mother Group Community Savings Groups to improve their well-being. The Savings Groups will target Mother Groups whose school-going children were affected by Cyclone IDAI in Thyolo, Mulanje, Phalombe, Chiradzulu and […]
FDH Bank has conducted the first draw of ‘Osafinyika promotion’ which aims at encouraging customers to use digital platforms in making banking transactions to avoid the spread of Covid-19. During the draw held in Blantyre on Thursday by FDH Bank public relations officer Lorraine Lusinje saw customers getting various prizes. 30 customers got Branded T-shirts […]
A Blantyre-based woman, Mercy Gondwe, 43, has been convicted and fined for spreading fake news about FDH Bank using the Electronic Communication and Cyber Security law. Gondwe was arrested last week after she authored a message and posted it on a WhatsApp group alleging that FDH Bank was collecting National IDs and passing them on […]
As the country continues to grapple with the effects of Covid-19, FDH Bank has given a moratorium to customers with loans and have been negatively affected by the pandemic for a period of three months during which loan installments shall not be collected. In a statement, FDH Bank Managing Director Dr Ellias Ngalande said the […]
In the light of the Covid-19 pandemic, FDH Bank has launched a digital transaction promotion dubbed ‘Osafinyika’ which will encourage customers to use the bank’s digital platforms in order to reduce visits to banking halls as one way of preventing the disease. The grand winner will be a proud owner of a Mazda Demio by […]
Malawi’s music sensation Patience Namadingo has been unveiled as FDH Bank brand ambassador in a one and half year K20 million deal which has seen him being a proud owner of a new Mercedenz Benz saloon car. Making the announcement in Blantyre on Wednesday, FDH Bank Senior Manager for Digital Sales Yamikani Mbawala said FDH […]
First Discount House – a subsidiary of the FDH Financial Holdings Limited – says Malawians need to cultivate a saving culture if the country is to achieve its socioeconomic aspirations. Managing director for First Discount House, Mike Chiwalo, said the institution believes Malawi can progress better citizens make investment a priority and consumption secondary. Chiwalo […]
FDH Bank has set aside almost K6 million to Hope for the Blind to benefit 10 underprivileged students from Chancellor College and various secondary schools in the country. Signing an agreement in Blantyre on Monday, FDH bank managing Director Dr Ellias Ngalande said the bank has committed K5.9 million to Hope for the Blind to […]
Mighty Be Forward Wanderers and Malawi national team legend Joseph ‘JK’ Kamwendo has hailed FDH Bank and Malawian Airlines for joining other well wishers in sponsoring and organization of the much awaited Joseph Kamwendo Testimonial match slatted for Saturday 7th March, 2020 at the Kamuzu Stadium in Blantyre. FDH has pumped in K3 million into the […]
FDH Financial Holdings has posted a profit after tax of K11.3 billion for the year ending 31 December 2019 from a profit of K7.8 billion in 2018 representing a 44% growth. A published financial statement jointly signed by signed by the group’s board chairperson Noel Mkulichi, Finance and Audit Committee chairperson Ulemu Katunga and acting […]
FDH Bank has unveiled the K165 million intercity Mayor’s trophy which will be participated by the youth and primary schools youth. In 2018, the bank invested K10 Mill kwacha in Blantyre Mayor’s trophy, K10 million in Lilongwe, K5 million in Mzuzu and K6 million in Zomba. Speaking during the launch in Lilongwe on Thursday, FDH […]
FDH Bank has reported a profit after tax of K7.846 billion for the financial year ending 31 December 2019 representing a 32% growth from a profit of K5.965 billion reported in 2018. In a statement signed by the Board Chairman of FDH Bank, Arthur Oginga, the Chairman of the Finance and Audit Committee Dr. Ulemu […]
FDH Money Bureau, a subsidiary of FDH Holdings Limited has partnered with international money transfer firm, Mukuru in a digital voucher redemption service which will see customers redeeming cash vouchers using FDH digital platforms. Making the announcement in Blantyre on Monday, FDH Money Bureau General Manager Daniel Pinto said FDH is now breaking tradition, from […]
FDH Bank has motivated its staff members to work hard and offer excellent service with an announcement that the best employee will be sent on an all expenses one week holiday in Dubai with their partner. FDH Financial Holdings Head of Human Resources Chrispin Chikwama said the institution values the commitment and hard work of […]
Customers at FDH Bank Blantyre Service Centre had a pleasant surprise on Friday morning when they were treated to Valentines special with various gifts to mark the celebration of St Valentines Day. Head of Personal and Business Banking Kawawa Nsapato and Head of Administration and Operations Mwiza Madanitsa presented gifts to customers randomly of rose […]
Members of parliament on Tuesday took the government to task over the Malawi Savings Bank (MSB) sale proceedings five years after it was sold to FDH Financial Holdings Group, demanding to know the whereabouts of K9 billion proceeds from the transaction. Government sold MSB in 2015 after it failed to meet regulatory requirements to capitalise […]
FDH Bank customers have expressed satisfaction with the new FDH WhatsApp banking innovation, saying the bank has brought in a new experience of digital banking in the country. Commenting on the bank’s Facebook pages some customers expressed their delight with the service. “To be honest, this bank is doing extraordinary. My message to people out […]
Top financial services business mogul Thomson Mpinganjira has stepped aside from the FDH Financial Holdings Limited where he served as chief executive officer (CEO). “The stakeholders are therefore informed that from this date, he stepped aside from his role and responsibilities within the FDH Group of Companies,” reads a statement from financial holdings Chairperson Noel […]