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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).
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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Standard Bank Malawi is a large financial services provider, serving the banking needs of large companies, small and medium enterprises, as well as individuals.As of December 2019, the bank's total assets were valued at MWK:375.26 billion (US$519 million), with shareholders' equity of MWK:87.24 billion (US$121 million).
The headquarters and main branch of the bank are located at CDH House, 5 Independence Drive, in Blantyre, the financial and commercial capital of Malawi. [4] The geographical coordinates of the headquarters of CDH Investment Bank are 15°47'19.0"S, 35°00'13.0"E (Latitude:-15.788611; Longitude:35.003611). [5]
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Mzuzu is situated in wooded, hilly terrain. Miombo woodland predominates around the city. North and south of the city, the Viphya Mountains are home to montane grasslands and forests. The Viphya Plantation in the mountains south of the city is claimed to be the largest man-made forest in Africa. The weather in Mzuzu is chilly in the cold season.