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Chitera appointed Acting MD for FDH Bank – Malawi Voice
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FDH Bank Empowers Women through Fruit Tree Planting
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Kaliati Urges Private Entity to Empower Women
Kaliati watering a tree
Ntcheu, Mana: Minister of Gender, Community Development and Social Welfare, Dr. Patricia Kaliati has urged banks and all private sectors in the country to take a leading role in empowering gender responsive procurement and financial initiatives.
The Minister made the call when she presided over a fruit seedling handover to Social Cash Transfer beneficiaries at Lizulu in Ntcheu district which was organized by FDH bank and Press Trust.
She said it is high time private entities consider supporting women in financial initiatives regardless of their financial status.
“Supporting women in financial activities is very significant as it helps fight poverty that is why we are calling for all private entities to prioritize supporting women in financial activities with the little or without demanding collateral,” she said.
April 9, 2021 Nyasa Times Reporter 5 Comments
Listed FDH Bank plc has reported an after tax profit of K14.9 billion for the year ending 31 December 2020 from a restated after tax profit of K5.19 billion the previous year, its financial statement shows.
Dr Ellias Ngalande FDH Bank Managing Director: Signed the financial statement
Dr Ulemu Katunga Chairman of Finance and Audit Committee of FDH Financial Holdings Limited: Signed the financial statement
Charity Mseka Board Chair for FDH Bank: Signed the financial statement
Richard Chipezaani FDH Bank Head of Finance: Signed the financial statement
The statement signed by the Bank’s Chairperson Charity Mseka, Director Ulemu Katunga, managing Director Ellias Ngalande and Head of Finance Richard Chipezaani, the bank said it achieved the impressive financial results amid a challenging operating environment.
Charity Mseka Board Chair for FDH Bank
Listed FDH Bank plc has reported an after tax profit of K14.9 billion for the year ending 31 December 2020 from a restated after tax profit of K5.19 billion the previous year.
In a statement signed by the Bank’s Chairperson Charity Mseka, Director Ulemu Katunga, managing Director Ellias Ngalande and Head of Finance Richard Chipezaani, the bank said it achieved the impressive financial results amid a challenging operating environment.
“Net Interest Income went up by 77% on the back of an increase in the loan book and other interest bearing assets. Interest expense went up by 15.8% reflecting the growth of the Bank’s deposits.”
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