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The bank was founded in 2008, as a subsidiary of FDH Financial Holdings Limited (FDHFHL), a financial holding group, formed in 2007 to replace First Discount House Limited (FDH). [ 6 ] In July 2015, FDH Financial Holdings Limited successfully acquired 75 percent ownership of Malawi Savings Bank , together with its subsidiary MSB Forex Bureau ...
The First Capital Bank of Malawi is a medium-sized financial services provider in Malawi. It offers retail banking services to individuals and corporate clients. As of December 2023, the bank's total asset base was valued at MWK:483.65 billion (US$280.82 million, with shareholders' equity of MWK:77.553 billion (US$45.3 million).
Malawi Savings Bank (MSB), was a commercial bank in Malawi. It was licensed as a commercial bank by the Reserve Bank of Malawi, the central bank and national banking regulator. [1] Prior to 2015 MSB was a wholly owned parastatal company. MSB was acquired by FDH Bank on 3 July 2016. [2]
Reserve Bank of Malawi (Mzuzu Branch) in Mzimba District The district was established in 1908 by the British colonial administration as a key administrative center. Prior to its establishment, the region was ruled by Inkosi Chimtunga , the leader of the Ngoni people , from 1896 to 1915.
Thom Mpinganjira is a Malawian business tycoon and philanthropist. [1] He is the founder and former CEO of FDH Financial Holdings Limited. [2] He has also served as a council member of the Bankers Association of Malawi.
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Mzuzu Technical College, which was founded in 1958 by the White Fathers, is located in Mzuzu. [10] It is home to leading high schools in the north, including Marymount Secondary School, Wukani private Secondary School, Mzuzu Government Secondary School, Katoto Secondary School, Zolozolo Community Day Secondary School Viphya Schools and Mzuzu ...
Chibanja is a populated township in the city of Mzuzu, Northern Region, Malawi. [1] [2] The town is home to Mzuzu Airport, the biggest airport in the Northern Region of international quality and third biggest in Malawi. It is located in the North of Mzuzu. Its neighbourhood include Luwinga, Chibavi, Mchengautuba and Zolozolo. [3]