FDH Bank Plc was incorporated and registered in Blantyre, Malawi on 16 May 2007, with registration number 8328 under the Companies Act, 1984, as repealed by the Companies Act, 2013 (the ‘Act’), as a private limited liability company. The Company was reregistered as a public limited liability company under the Companies Act, 2013 on 3 June 2020. The Bank is also registered with the Reserve Bank of Malawi (‘RBM’) as a commercial bank and authorized dealer for exchange control purposes. The Bank’s registered office is situated at Umoyo House, Victoria Avenue, P. O. Box 512, Blantyre, Malawi.
As at 31st March 2020, FDH Bank Plc acquired the entire equity of MSB Properties Limited (‘MSBP’). MSBP is a real estate investment company.
FDH Bank Plc is a subsidiary of FDH Financial Holdings Limited and was listed on the Malawi Stock Exchange on 3 August 2020. Following the listing, FDH Financial Holdings Limited holds 74.05% stake in FDH Bank Plc while the General Public has 20.00% stake. The Government of Malawi holds 4.75% stake and the remaining 1.20% is held by MSB ESOP Limited.
FDH Bank Plc shareholding structure: