FDH Bank's profit after tax was K74 billion last year, up 108% from K35.6 billion in 2023. Bank leaders shared the results at their Investor Forum in Blantyre. Managing Director Noel Mkulichi said staff empowerment, better operations, and customer focus drove growth despite tough economic conditions. The bank continues to invest in digital platforms to improve service speed.
Rising inflation affects business costs, Mkulichi noted. Board Chair Charity Mseka called the 2025 outlook mixed, with growth possible but economic uncertainties remaining. She pointed to forex availability and inflation as ongoing challenges. The bank stands ready to support agriculture, mining, and other growth sectors that can transform the economy. Their Salama Banking program serves informal markets and underserved communities.
Minority shareholder representative Joe Maele praised the bank for transparency. As they move forward, FDH leaders focus on risk management, efficiency, and wider finance access. Strong finances, growing products, and community banking initiatives help position the bank for future challenges. The bank remains committed to innovation and growth that includes everyone.
Rising inflation affects business costs, Mkulichi noted. Board Chair Charity Mseka called the 2025 outlook mixed, with growth possible but economic uncertainties remaining. She pointed to forex availability and inflation as ongoing challenges. The bank stands ready to support agriculture, mining, and other growth sectors that can transform the economy. Their Salama Banking program serves informal markets and underserved communities.
Minority shareholder representative Joe Maele praised the bank for transparency. As they move forward, FDH leaders focus on risk management, efficiency, and wider finance access. Strong finances, growing products, and community banking initiatives help position the bank for future challenges. The bank remains committed to innovation and growth that includes everyone.
