By Linda Kwanjana
FDH Share price closed at K458.61 as of Friday, 11 July 2025, reaching K3.2 Trillion Market capitalisation on the Malawi Stock Exchange.
FDH Bank Plc registered a profit after tax of K74 Billion in the year ended 31 December 2024.
At its 2025 Annual General Meeting, 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 2024 the environment was very challenging, but we took up the challenge and that is what drove this strong performance,”.
“And looking ahead, staff development is one of our strategic pillars. That means upskilling our staff but also relying on their commitment.”
He highlighted the Bank’s continued investment in digital platforms and innovations aimed at improving turnaround times and service delivery.
“We are upgrading our systems and delivery channels. We believe that will help us move forward. It’s about operating efficiently and meeting customer needs,”
The Bank’s strategy fosters adaptability, resilience, agility, and sustainable growth and superior returns to shareholders.”
Background
Earlier in the year, FDH Bank Plc released in the newspapers an updated cautionary statement on its plans to go international and the state of negotiations made in its quest to acquire a controlling stake in a bank within the African region.
The Bank released a profit warning in June advising that its profit after tax for the period ending 30th June 2025 is expected to be between 107% and 118% higher than the one reported for the previous corresponding period.
The profit after tax for the period ending 30th June 2025 is expected to close within the range of K57.8 billion to K60.8 billion while for the previous corresponding period ending 30th June 2024 the Bank made a profit of K27.9 billion.
FDH Bank Plc was listed in August 2020.
FDH Bank Plc has the biggest branch network in Malawi and is one of the most innovative banks with cutting edge digital innovations, and recently heavily invested in modern IT and core banking system to be future ready, only bank with Shariah complaint banking solutions called FDH Salama Banking and was the first commercial bank last year to establish banking services on Likoma Island to drive financial inclusion as part of contributing towards the Malawi 2063.
