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| Welcome to First Discount House |
| First Discount House was incorporated in accordance with the Companies Act on 8 March 2000. It obtained its Discount House license under the Banking Act on 20 July 2001, commencing operations on 8 April 2002. The company was established by a partnership that included Mr. Thomson Mpinganjira (24.9%), a respected local businessman and the first Managing Director of the Company, Press Corporation Limited (30%), Old Mutual (Malawi) Limited (20%) and Kingdom Financial Holdings Limited of Zimbabwe (25.1%). On 4 August 2006 Press Corporation was bought out as part of the strategic repositioning that has seen the current structure and expansion of the group.
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