FDH Bank has unveiled Bwaila Service Centre, located at Old Town in Lilongwe, as part of its financial inclusion drive.
FDH Bank Public Relations Officer, Lorraine Lusinje, says in a statement the bank’s customers in Old Town were facing challenges to access the FDH banking halls.
“The bank embarked on an expansion project aimed at improving customer service and reach in 2017. We have since moved Balaka, Chiradzulu, Kasungu and Salima Service Centres from Old Post Office premises. We also opened BICC Corporate Suite with more service centres in the pipeline across the country,” Lusinje said.
FDH Bank has unveiled a fully refurbished and furnished Paediatric Intensive Care Ward at Malamulo Adventist Hospital in Makwasa, Thyolo.
The ward, worth MWK15million, is complete with essential equipment including two oxygen concentrators, suction machine, monitor, ventilator and eight beds.
FDH Financial Holdings Chief Executive Officer, Dr. Thomson Mpinganjira said the donation was part of the financial institution’s Corporate Social Responsibility.
FDH Money Bureau has embarked on an expansion drive aimed at increasing its reach to customers. The bureau has recently expanded its footprint to Karonga, Mzimba and Dedza.
FDH Money Bureau Public Relations Officer, Lorraine Lusinje, said the bureau embarked on the drive following increased demand for services the bureau offers countrywide.
“As a brand that champions growth, we have added to our service offering to meet our customer needs and the same desire to serve our customers better has led to the opening of these three new bureaux in strategic locations in the country,” Lusinje said
FDH Bank is breaking all barriers in transactions in the banking sector.
In 2016, the bank revolutionarised digital banking in Malawi and has been positioning itself as a digital bank ever since.
Its flagship mobile application, FDH Mobile’s menu started with only access to transfers, balance enquiry, airtime purchases, mobile wallet (money sent to any phone number) and cardless withdrawals.
Currently the bank is still introducing the most innovative and competitive digital products that stand out not only in the country, but beyond.
Now FDH Bank boasts additional array of top of the mark digital products, Smart Pay (mobile payments), Banki Pakhomo (agency banking) and Ufulu Digital Account (a bank account opened using any phone number) as well as bill payment platforms.
FDH Bank, one of the commercial bank licensed by the Reserve Bank of Malawi (RBM) has launched Kutcheza Makwacha promotion in its pursuit to promote savings culture among people during the festive season.
Speaking during the launch, Head of Personal and Business Banking, Kawawa Nsapato said the promotion will ensure that customers are prepared for emergencies and other unforeseen circumstances that emerge during the festive season.
“We want to prepare our customers for this coming festive season. For people who are involved in agricultural activities, we know that very soon they will need to buy farm inputs, others they will have to pay school fees you know what happens in January and others will need to take a holiday in December so there is no better time to introduce the promotion than now,” he said.
FDH Bank on Monday partnered African Guarantee Fund (AGF) to boost small and medium enterprises (SMEs) in a deal worth about $3 million (about K2.25 billion).
AGF is a pan-African guarantee provider established by a number of African governments and operates in 38 countries with more than 100 partner financial institutions.
Speaking at the signing ceremony in Lilongwe, FDH Bank managing director Eric Ouattara said the partnership will unlock financing and accelerate growth of SMEs.
The partnership has come against the backdrop of challenges SMEs face to access finance to grow their businesses.
FDH Bank has sponsored the Professional Golfers Association of Malawi at a tune of K7 180. 000 ($10 000).
The sponsorship is towards The Warm Heart Pros Tour 2018 that will take place this November at Lilongwe Golf Club.
Head of Marketing at FDH Bank, Levi Nkunika , presenting the cheque to Pat Shycal the president of Professional Golfers Association said FDH Bank recognizes golf as a game enjoyed and loved by its clients and this provides a platform for the bank to engage with these clients.
FDH Bank has donated K2.5 million to the second Wealth Creation Forum which will be held in at the Bingu International Convention Centre (BICC) in Lilongwe.
Wealth Magazine Managing Executive Harry Chima who is organising the forum thanked FDH Bank for the donation.
“We have come to realize that ideas have a very short shelf life. Many people have got many entrepreneurial ideas but they don’t know how to about executing them hence this forum.
FDH Financial Holdings Limited Chief Executive Officer Dr Thomson Mpinganjira has become the first Malawian entrepreneur to be nominated in two continental prestigious business awards.
Mpinganjira is Southern Africa finalist in the Business Leader of the Year and Entrepreneur of the Year Categories, a first feat ever done by a Malawian.
The team of judges led by Sam Bhembe, CNBC Africa Non-Executive Director, evaluated hundreds of applications, narrowing them down to the finalists using stringent criteria.
The Southern Africa finalists for the 2018 8th annual All Africa Business Leaders Awards (AABLA™) were announced on September 20 2018 at the regional gala dinner function hosted in Rosebank, Johannesburg.
One of the leading banks, FDH has given out tickets to this year’s Lake of Stars (LoS) festival which kicks off on Friday to Sunday at Kambumba Hotel in Salima to 10 winners in a promotion aimed at creating hype for the festival.
FDH Bank had two Lake of Stars promotions. One was a ‘like and share’ competition on social media while the other one targeted customers that Open Ufulu Digital Accounts or Deposit a minimum of K5000 into their Ufulu Digital Accounts. The promotions run from 28th August to 20th September, 2018.