FDH Bank plc share price inched up to K458.61 at the close of business on Friday, pushing the stock’s market capitalisation on the 16-counter Malawi Stock Exchange (MSE) to K3.2 trillion.
FDH Bank is trailed by National Bank of Malawi at K3 trillion and Standard Bank plc at K2.8 trillion, according to MSE daily stock news.
Speaking at its 2025 Annual General Meeting in Blantyre, FDH Bank plc managing director Noel Mkulichi attributed the bank’s growth to a combination of strategies mainly on targeted customer focus, staff empowerment, operational efficiency and innovation.
In the year ended December 31 2024, FDH Bank registered a profit after-tax of K74 billion.
FDH Bank has since said that its profit after-tax for the period ending June 30 2025 is expected to be between 107 percent and 118 percent higher than the one reported for the previous corresponding period.—The Nation
