Softek

Softek

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23 Aug
FDH Financial Holdings rescues Marieta

FDH Financial Holdings rescues Marieta

MARlETA Samuel, a Dowa woman whose hands were chopped off by her husband, can finally afford a smile as FDH Financial Holdings has come to her rescue 10 years since her husband chopped all her hands.

FDH gives out 30 scholarships

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

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.

FDH donates MK1m to Open Arms

FDH Bank has challenged fellow profit-making organisations in the country to support early development of vulnerable children living in orphanages and other extended families for them to become productive citizens.

The bank's Mangochi Branch Manager Mercy Chokhotho made the remarks last week in Mangochi when the bank donated MK1 million to Open Arms Infant Homes, a charity organisation which provides medical care, shelter, and food to vulnerable infants. 

Chokhotho said his bank considers children‘s rights to be of paramount importance. Thus, the bank thought of including business activities in its operations to support disadvantaged children so that they live in an environment that is conducive for proper growth and development.

“Children deserve a naturally conducive environment to grow in, one that not only provides for rehabilitation of children, but one that provides for their physical, social, psychological well-being," said Chokhotho.

Open Arms administrator Rashid Kapalasa commended FDH for the donation.

He described the donation as timely considering various challenges the institution is facing in its quest to raise vulnerable children in an acceptable environment.

Kapalasa revealed that at the moment the institution has 35 infants with the youngest aged three weeks while the oldest is 3 years old.

By Yohane Symon - The Daily Times

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