FDH Bank forecasts massive profit jump, eyes record year

FDH Bank, one of the five banks on the local stock exchange, says it could make a huge profit next year. The company expects to earn up to 151 billion kwacha after taxes in 2025, according to a statement from its secretary, Juliano Kanyongolo. That number would be more than double what they made last year.

The bank clarified that these are just early projections and have not been checked by outside auditors yet. They plan to release the official final numbers when they are supposed to. FDH is listed alongside other major firms on the market, like Standard Bank and TNM.
 

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