FDH Bank has said it is impressed with the response of its customers in the on- going ‘Be the one’ promotion whose winner will walk away with K2 million.
Senior Manager for Digital Sales at FDH Bank, Yamikani Mbawala spoke on Thursday in Blantyre during the second draw of the promotion.
“We are happy with the numbers that we have seen since the beginning of the promotion and the overwhelming response from our customers,” said Mbawala.
During the second draw, 10 people went away with K50,000 each while one lucky customer went home with K500,000.
During the first draw of the promotion, the same number of customers went away with similar prizes.
FDH Bank customer drawing the winner
Mbawala announced that next month, the bank will award the lucky winner with a whopping K2 million grand prize.
“In a month’s time, another set will also win the same prizes and one lucky FDH Bank customer will ‘Be The One’ to walk away with the grand prize of MWK2 million. Imagine having MWK2 million in your account, untaxed to do as you please? Invest as you please? This is why we say at FDH Bank, you indeed Grow With Us,” said Mbawala.
He said the objective of the promotion was to encourage a savings culture in their customers as well as encourage them to make use of the digital platforms at their disposal and not always have to visit FDH branches to.
Customers on FDH Mobile and those with Ufulu Digital Account who transact at least three times a month or keep a minimum balance of MWK20 000 for at least a month were automatically entered into this promotion.
FDH Financial Holdings Limited group chief executive officer (CEO) Thom Mpinganjira has reiterated the need for business operators to be ethical in their dealings, stressing that reputation is key to success.
In his presentation titled Building a Business Empire at the Institute of Chartered Accountants in Malawi (Icam) corporate gurus conference in Lilongwe on Wednesday whose copy Business News was shared he said ethical behaviour has to be the lifestyle in any business.
FDH Bank has given K2 million to Ufulu festival which showcase arts amongst the youth as the country celebrates its independence day on 6th July.
FDH Marketing Manager Ronald Chimchere said during the presentation ceremony in Blantyre on Monday that FDH Bank, being a home grown bank decided to sponsor the festival in the second consecutive year because the festival is about celebrating culture, freedom and creativity.
“Ufulu Festival is about Celebrating Culture, Freedom and Creativity. FDH Bank being a home grown and homebred bank that recognizes the importance of arts and value culture and freedom, we thought it wise to be part of this great initiative.”
Group Chief Executive Officer of FDH Financial Holdings Limited Dr Thomson Mpinganjira has challenged and inspired women leaders to get into entrepreneurship.
Mpinganjira spoke during the Seventh Day Adventist (SDA) Women Leadership Convention at the College of Medicine in Blantyre.
Mpinganjira, in his powerful 30 minute talk titled ‘The Bolts and Nuts of Entrepreneurship’, argued the 1000 delegates that anyone can be a successful entrepreneur provided they put God first and then follow a set of principles.
“Always put God first and you will succeed. When you are succeeding, remember that God is looking for spiritual return on his investment. God gives us the power and the means to create wealth and opportunity to manage it for him,” said Mpinganjira.
FDH Bank became the first bank in the country to integrate the National Registration Bureau (NRB) National Identity database with its Know Your Customer (KYC) system which will facilitate the secure and effective validation of customer details through the mandated NRB system.
Managing Director for FDH Bank, Eric Ouattara, signed the partnership on behalf of the bank while Harry Kanjewa, Chief Director for NRB signed on its behalf.
Ouattara said FDH is proud to partner with NRB which is the exclusive institution mandated to implement an effective civil registration system.
“This agreement cements the integration of the NRB National ID system with FDH Bank’s KYC system which will enable validation of KYC details provided to the bank by customers using the NRB National Identification Database.”
FDH Bank has handed over a K14 million house to Marieta Samuel, a Dowa woman who had her hands chopped off by her abusive husband in 2006.
Deputy Managing Director for FDH Bank, William Mpinganjira, said on Saturday during the handover of the house that as a homegrown bank, FDH Bank takes keen interest in the welfare of Malawians through various initiatives especially in areas of health, education and youth development.
In building a financial empire in Malawi, Thomson Mpinganjira FCCA, CEO of FDH Financial Holdings, has taken the country’s finance infrastructure to a whole new level.
ACCA has a lot to answer for, according to Thomson Mpinganjira FCCA. ‘Everything I have done in my career in some way goes back to my ACCA Qualification and my early training with Deloitte,’ he says. ‘These two institutions shaped my life.’
Those valuable early lessons he learnt have been turned into some astonishing firsts. An accountant turned stockbroker, Mpinganjira set up the Malawi Stock Exchange in 2000, served as its first CEO, and in 2008 opened his own commercial bank, FDH Bank, headquartered in Blantyre, Malawi’s second biggest city. The group chief executive of FDH Financial Holdings, he is one of the leading Malawian business figures of his generation.
Fast growing local commercial bank FDH has set aside K150 million for students scholarships in tertiary institutions in the country.
Speaking at a luncheon to announce the scholarships on Wednesday, FDH Holdings Chief Executive Officer Dr Thomson Mpinganjira said the financial institution remains highly committed to supporting the education sector and will continue to support efforts that advance development in the country.
“The quest for national growth was the motivation for FDH Bank to enter into an agreement with the various educational institutions. These institutions are an integral component in shaping the future of this nation, and the bank feels privileged to have a rewarding working relationship with institutions of such standing,” said Mpinganjira.
Katoto primary schools reigned supreme when they won the FDH bank sponsored Mzuzu Mayor’s Trophy in both netball and football categories at the weekend.
In the netball finals Katoto easily saw off Kaviwale primary school with 15 baskets against 8 and in football Katoto edged St Peters Primary school 1-0 to claim a double of the Mayor’s trophy.
FDH Bank sponsored the Mzuzu Mayor’s trophy to the tune of K6 million. The bank also sponsored similar trophies in Lilongwe, Blantyre and Zomba at K10.8 million each.
For winning the football trophy, Katoto received a trophy, K200,000 cash, a full football uniform comprising of jerseys, shorts, boots and socks while St Peters as loosing finalists got K150,000 cash, full uniform comprising of jerseys, shorts, boots and socks.
FDH Money Bureau and Western Union took advantage of the Malawi, Morroco African Qualifiers match on 22 March to popularize their partnership on provision of money transfer services.
The two institutions have signed an agreement to allow local Malawians and expatriates working in the country to send money abroad instead of just receiving through Western Union.
FDH Money Bureau Acting General Manager Daniel Pinto Khamula said in an interview with Nyasa Times that for a long time Malawians and expatriates working in the country were limited to only receiving money from their loved ones abroad through Western Union.