Wednesday, May 8, 2024

Featured Video

Latest Stories

Top 10 Music

[showmfm]

Upcoming Events

[showevents]

FMB CAPITAL HOLDINGS REGISTERES USD 61.2 MILLION PROFITS

By Mayamiko Phiri.

FMB capital holdings Plc has registered USD 61.2 million after tax profit in the financial year ended 31th December 2022.

Net interest income for the year is up by 13 percent and total non-interest income is up by 8 percentage resulting in total operating income of USD 191.6 million, a growth of 10 percent year on year.

While customer deposits are up to 17 percent to more than USD 1.04 billion.

The group’s chief executive officer Jaco Viljoen attributes the success to the good contributions from all the countries which they operate in.

FMBCH has banking and financial operations in SADC countries namely Malawi, Botswana, Mozambique, Zambia and Zimbabwe.

Related Posts

Robert Ngwira
Robert Ngwira
Attended Our Future Private Secondary School in Rumphi from 2006-2009 Holder of Diploma in Journalism from Malawi Institute of Journalism (MIJ) Hobbies, reading newspapers, going out with friends, listening to radio and watching football. Email: info@faceofmalawi.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Popular Articles