FMB Capital Holdings plc (FMBCH) has reported a 47 percent increase in profit after-tax to $152 million (about K266 billion), reflecting steady execution of its regional strategy and the strength of its diversified banking model.
The group’s reported profit growth is supported by its markets in Malawi, Zambia, Zimbabwe, Botswana and Mozambique and a more balanced mix of income streams.
During the year, FMBCH continued to expand its lending and deposit base, with loans rising to over $900 million (about K1.5 trillion) and customer deposits exceeding $1.8 billion (about K3.1 trillion).
The group also grew income from everyday banking activities such as transactions, foreign exchange and client services, demonstrating progress in building a more resilient and diversified earnings base.
FMBCH said it achieved the results in a challenging operating environment, with currency volatility, high interest rates and tight liquidity affecting many of the markets in which the group operates.
FMBCH’s presence in regional markets, combined with strong local management teams, helped the group navigate these conditions while continuing to support customers and grow the business.
In a statement, FMBCH group managing director Jaco Viljoen said the performance reflects consistent execution and the benefits of a regional strategy that is now delivering.
“We have built a more diversified and resilient business, supported by strong teams in each of our markets,” he said.
The group’s board of directors proposed total dividends of $34.5 million (about K60.4 billion), reflecting confidence in the group’s financial position while maintaining a prudent approach to capital.
