FDH gives out 30 scholarships

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FDH Bank yesterday offered 30 scholarships to 30 visually impaired students in 14 government secondary schools in the country.

Speaking at the ceremony held at Blantyre Secondary School, the bank’s Head of Marketing, Sobhuza Ngwenya. said they partnered with Hope for the Blind who asked them to support the visually impaired students.

“As FDH we appreciate the problems some of the disabled children face as some of them come from child headed families or their families can’t afford

(to pay) their school fees. The scholarships will lift the burden from them so that they can concentrate on their studies," Ngwenya said.

He said FDH has been in partnership with Hope for the Blind for some years. They also sponsored five students who passed the 2015 Malawi School Certificate of Education (MSCE) examinations.

Blantyre SCCondary School Headteacher, Hilda Gwauya, thanked the bank for the gesture and said it was sad to send home some of the student with visual impairments because they did not pay school fees.

“We are very grateful for this scholarship because most of these students come from poor families who struggle to raise school fees even pocket money. So with these scholarships the students will concentrate on their studies and they don‘t have to worry about school fees anymore,” said
Gwauya.

Students from Lisumbwi, Stella Maris, Blantyre, Phalombe, Ngabu and Namitete secondary schools will benefit from the scholarships. The scholarships include boarding fees and upkeep allowances.

By Chisomo Lapken - Th Daily Times

FDH Bank speaks on new paying systems

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The newly introduced payments system technologies have improved customer convenience by reducing tumaround times for interbank transactions making customers the biggest winners, FDH Bank has observed.

The country‘s commercial banks in February introduced the National Switch a platform for interoperability of Auto 'l'eller Machine (ATM) services to ease access to retail payment services and Central Securities Depository (CSD) under the Financial Sector Technical Assistance project (ISTAP) funded by the World Bank.

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Umoyo House, No. 8 Victoria Avenue North, Blantyre, Malawi +2651820219 info@ fdh.co.mw