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CDHIB to maintain cautious stance as profit hits K41 billion

CDH Investment Bank (CDHIB) chief executive officer and managing director Thoko Mkavea says the bank will maintain a cautious but proactive stance, focusing on risk management and operational excellence.

He said this on Monday in reaction to the bank’s financial results which indicated a profit after-tax of K41 billion for the year ended June 30 2026, more than double the K18.3 billion posted during the same period in 2025.

“The bank’s strategic focus will remain strengthening investment in staff development to build a future-ready workforce, expanding digital banking and fintech capabilities to enhance customer experience,” said Mkavea.

He said the bank will also continue to deepen client relationship through customised financial solution, adding that this is key in the financial services sector in Malawi.

The published financial results show that the jump in profit was driven by the expansion in interest-earning assets, with strong growth in customer loans and advances alongside improved fixed income trading margins.

“Net interest income increased by 121 percent while non interest income climbed by 123 percent,” reads the report in part.

During the year under review, the bank’s total assets increased by 37 percent to K1 trillion, up from K764 billion in June 2025, reflecting a 34 percent rise in financial assets at fair value through profit or loss, a 38 percent increase in fixed income securities at amortised cost and a 21 percent gain in loans and advances.

CDHIB is a subsidiary of Continental Holdings (CHL) plc, which listed on the Malawi Stock Exchange on August 10 this year.

CHL share price is currently trading at K210.

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