FDH Bank gives MK50 million food aid through BEAM Trust 

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LILONGWE-(MaraviPost)-FDH Bank plc has given maize flour worth K50 million to the Beautify Malawi Trust (BEAM) to help address the food shortages facing families affected by the recent floods across the country.

The donation was handed over to the First Lady of Malawi and BEAM Matron, Gertrude Mutharika, during a ceremony held at Kamuzu Palace in Lilongwe on Monday.

The consignment comprises 2,820 bags of maize flour, including 1,420 bags of five kilogrammes each and 1,400 bags of 10 kilogrammes each.

The maize flour will be distributed to flood-affected households through BEAM’s humanitarian response programme.

Speaking at the handover ceremony, FDH Managing Director, Noel Mkulichi said the Bank was moved to act following the First Lady’s call for support to assist Malawians who have been severely affected by the floods.

“The heavy and persistent rains have caused widespread destruction, leaving many families without homes and food. As a responsible corporate citizen, FDH felt compelled to come forward and contribute towards easing the suffering of the affected communities,” said Mkulichi.

He said FDH Bank views its role as extending beyond financial services to national development and the welfare of Malawians.

“We believe that our responsibility goes far beyond banking. We are partners in national development and the wellbeing of our people. When communities suffer, we all feel the impact, and when they recover, the whole nation becomes stronger,” he said.

In her remarks, Mutharika commended FDH Bank for demonstrating compassion and urgency in assisting flood-affected families.

“I am grateful to FDH Bank for responding so promptly. This contribution will make a real difference to families who are struggling to put food on the table after losing so much to the floods,” she said

Mutharika added that BEAM is mobilising resources to deliver immediate relief as affected communities work to recover.

“Our goal is to ensure that no family is left without support in this period of hardship. With partners like FDH Bank, we are able to extend help to more people and restore a sense of dignity to those in need,” she said.

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FDH Bank, Lions Club partner in nationwide tree-planting drive

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Airtel Malawi

BLANTYRE-(MaraviPost)-FDH Bank Plc has partnered with Lions Club Malawi in a nationwide tree-planting initiative, committing MK12 million towards the procurement of seedlings as part of its environmental sustainability efforts.

The initiative was launched during the District Tree Planting Day at Sankhani Primary School at Chitedze in Lilongwe and falls under the bank’s sustainability programme, FDH Cares: Our Environment Pillar, which promotes environmental protection and climate resilience.

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Speaking at the launch, FDH Bank Senior Manager for Government and International Organisations, Eugene Chinkhandwe, said the bank remains committed to promoting a green and resilient environment.

“As FDH Bank Plc, we continually recognise the importance of a green environment, and we have over the years reinforced our commitment to championing a sustainable and resilient green environment that will foster the development of the country and nurture it against various environmental and economic forces, such as climate change,” said Chinkhandwe.

He said the partnership with Lions Club aligns with the bank’s broader sustainability agenda.

“Through our sustainability programme, FDH Cares Our Environment Pillar, we are honoured to partner with Lions Club in a tree-planting drive across the country, and we applaud Lions Club for this noble and honourable commitment to a pro-green environment,” he said.

Chinkhandwe noted that the initiative builds on earlier environmental commitments by FDH Group, whose holding company, Financial Holdings Limited, successfully planted one million trees by 2024 in line with Malawi 2063 and the United Nations Sustainable Development Goals.

Lions Club District Governor for District 412B Malawi and Mozambique, Gladson Kuyeri, described the event as a demonstration of service and shared responsibility in environmental protection.

“Today we gather at Chitedze to demonstrate service in action. We are not just planting trees, we are planting hope, responsibility, and a sustainable future for our communities,” said Kuyeri.

He said the partnership with FDH Bank shows how corporate institutions and community organisations can work together to address environmental challenges.

“We are deeply grateful to FDH Bank for their generous sponsorship of K12 million. This partnership shows how corporate leadership and community service can work together to address challenges such as deforestation and climate change,” said Kuyeri.

During the event, a total of 2,000 trees were planted at Chitedze, with organisers urging stakeholders to ensure the trees are protected and nurtured to guarantee long-term environmental impact.

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FDH Bank projects strong profit growth for 2025

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Airtel Malawi

BLANTYRE-(MaraviPost)-FDH Bank plc has projected a profit after tax of between NK140 billion and MK151 billion for the year ended December 31, 2025, representing a 92 to 104 percent increase from K74.06 billion recorded in the previous financial year.

In a profit caution statement issued to the Malawi Stock Exchange (MSE), FDH Bank Company Secretary Juliano Kanyongolo said the projected performance reflects the bank’s strong fundamentals, disciplined growth strategy, and prudent risk management, noting that the figures remain unaudited and subject to final review.

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“These provisional results reflect the resilience of our business model and our continued focus on sustainable value creation.

Despite operating in a challenging environment characterised by inflationary pressures and tight liquidity conditions, the bank has remained stable, supported by sound governance structures, cost discipline, and a diversified income base,” said Kanyongolo.

Kanyongolo said the bank remains committed to transparency and compliance with regulatory requirements, adding that the audited financial statements will be published within the statutory timeframe.

“As a listed institution, we recognise our obligation to keep the market adequately informed. The release of the audited results will provide a complete and accurate picture of the bank’s performance, financial position, and outlook,” said Kanyongolo.

Commenting from an independent perspective, financial analyst Benedicto Nkhoma said FDH Bank’s projected performance is broadly consistent with prevailing sector trends and reflects both macroeconomic conditions and internal operational efficiencies.

“The projected profit growth is likely driven by increased interest income in a high interest-rate environment, balance sheet expansion, particularly through investment in government securities, improved cost management, and potentially lower impairment charges,” said Nkhoma.

He cautioned, however, that headline profit figures should be assessed within the broader economic context.

“In an inflationary environment, nominal profits can rise significantly even where real growth is more moderate. Investors should therefore pay close attention to the quality and sustainability of earnings, as well as confirmation through the audited results,” said Nkhoma.

FDH Bank plc is one of the five commercial banks listed on the 16-counter Malawi Stock Exchange, alongside National Bank of Malawi, NBS Bank, Standard Bank plc, and FMB Capital Holdings, which owns First Capital Bank.

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FDH Bank donates MK150 million to MUBAS endowment fund

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Airtel Malawi

BLANTYRE-(MaraviPost)-FDH Bank plc has pumped K150 million into the Malawi University of Business and Applied Sciences (MUBAS) Endowment Fund to support needy students and enhance the university’s sustainability.

Speaking during the handover ceremony in Blantyre on Tuesday, FDH Bank Managing Director, Noel Mkulichi, said the Bank remains committed to empowering Malawi’s youth through education, innovation and entrepreneurship.

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“It is always refreshing to be on a university campus where ideas fly freely, dreams stand tall, and future leaders are nurtured,” said Mkulichi.

He explained that the support aligns with the Bank’s sustainability programme, FDH Cares, and represents a long-term investment in human capital.

“We are committed to empowering growth in our community through our sustainability programme, FDH Cares, and education is one of our key pillars. This contribution is our act of doing good, an investment that will continue to yield impact long after today’s ceremony,” he said.

Mkulichi added that the donation builds on ongoing collaborations with MUBAS, including the Graduate Start-Ups Programme, which supports young entrepreneurs.

“Some say banks do not enjoy giving, but today we break that myth, this is not just giving; it is building, empowering, and investing in Malawi’s brightest minds.” he said.

He encouraged students to take full advantage of the opportunities the Endowment Fund creates.

“Work diligently, dream boldly, and step forward with courage,” he urged.

Receiving the donation, MUBAS Vice Chancellor, Professor Nancy Chitera, applauded FDH Bank for the timely contribution, noting that it advances the university towards its three-year target of raising K5 billion for the fund.

“This donation directly advances our goal of mobilising K5 billion for the Endowment Fund,” she said.

Chitera stressed that the fund reflects MUBAS’ commitment to ensuring no student withdraws due to financial hardship.

“We want every student to have access to accommodation, food allowances, e-resources, electronic gadgets and tuition support,” she explained.

She added that contributions to the MUBAS Endowment Fund represent a strategic investment in the nation’s future.

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