FDH Money Bureau, a subsidiary of FDH Financial Holdings, has said the business has registered substantial growth in the years coupled with improvements in service delivery.
With at least 16 outlets countrywide, FDH Money Bureau is one of the country’s money dealers with the widest network.
FDH Money Bureau Managing Director, Betty Mahuka, told journalists in Blantyre on Wednesday that the plans are in the pipeline to further expand its network.
One of the county’s commercial banks, FDH Bank, at the weekend unveiled a new innovation which will see Malawians opening bank accounts on their mobile phones. Our reporter TAONGA SABOLA caught up with FDH Bank Head of Marketing, LEVIE NKUNIKA, for an insight on how this will be possible.
Tell us more about the Ufulu Digital Account?
Well, the Ufulu Digital Account is another first on the market and will change the way banking is viewed and done in Malawi forever. Ufulu Digital Account is a virtual account, created by the customers themselves using USSD or the FDH Mobile Smart Application. This is ideal for the banked and the unbanked alike. The account number for a digital account is denoted by the number of the phone used to register the account.