FDH Bank plc board chairperson Charity Mseka says the bank’s success comes from its strategic focus on exceeding targets and hard work.
She said at the bank’s 19th Annual General Meeting in Blantyre on Thursday that despite challenges, effective measures were implemented to ensure positive results.
Mseka noted that results from the recent acquisition of Ecobank in Mozambique are expected in the medium-term.
She said: “Initial setup and integration costs have been significant, but we anticipate a turnaround in a few months.
“On dividends, we acknowledged shareholders’ concerns about withholding the final payout. As a board, we must balance immediate returns with long-term growth.”
In the year ended December 2025, FDH Bank plc reported a consolidated profit after-tax of K142.7 billion from K74 billion in 2024, reflecting a remarkable 100 percent increase.
FDH Bank plc managing director Noel Mkulichi attributed the 2025 performance to strong net interest income and diversification of non-interest income.
He said net interest income increased by 62 percent driven by a growing loan book and government securities.
“Customer deposits grew by 20 percent, reaching K1.125 trillion,” said Mkulichi.
Minority Shareholders Association of Listed Companies general secretary Francis Harawa expressed satisfaction with the bank’s performance, but raised concerns about dividends.
FDH Bank plc, a subsidiary of FDH Financial Holdings Limited, is one of the five commercial banks listed on the 16-counter Malawi Stock Exchange. The others are NBS Bank plc, Standard Bank plc, National Bank of Malawi plc and FMB Capital Holdings plc, the parent company of First Capital Bank.
