FINCA Malawi registers 226 percent profit amid fuel, forex crisis

Despite the economic downturn which has resulted in fuel and forex scarcity in the country, Finca Malawi has registered a MK4.1 billion profit after tax in 2025, up from MK1.2 billion in 2024 representing 226 percent profit.

The Company’s Chief Executive Officer (CEO) Charles Anderson Bello revealed this in Blantyre during a media briefing where he said that the company has also registered a deposit book growth of MK17.8 billion representing 76 percent growth.

Bello attributed the growth to a move by the company to reduce the interest rate and the confidence that the customers have toward the company.

“Yes there are problems within the market which has also impacted our customers. There is acute shortage of forex which is a driver for our customers to do business especially for those who do cross-border business but what we have seen is that we did reduce our interest rate to cushion our customers and this has resulted in the number of our customers growing.

“Overall, it’s more of the confidence that customers have on finca, we are flexible and if customers are in distress we are able to talk to them and restructure their loans,” said Bello.

He further explained that the company has also created products that resonates well with the customers hence the growth.

In 2025, the company also registered a loan book expansion to MK39.3 billion representing 61 percent growth and Interest income jumped to MK24.1 billion representing 49 percent growth.

The company’s asset grew to MK48 billion representing 42 percent growth.

FINCA Malawi has since promised to come up with more affordable products to customers across the country.