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FDH Bank ready to list on MSE by June 2020: Entrepreneur Mpinganjira

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FDH Bank CEO  Thomson Mpinganjira says the Bank will list on the Malawi Stock Exchange(MSE) by June 30 next year.

FDH: to enter stock market FDH: to enter stock market
17
July


FDH purchased 75 percent stake in MSB in 2015 and one of the terms for buying the former Government-owned bank  was that the merged bank should be listed on MSE within three years.


“The shares are to be ready by 2020 following the recapitalization process to meet the standards of the Reserve Bank of Malawi.


 “In simple terms this will enable Malawians to own this bank. Kindly therefore inform all Malawians to start saving for that great investment opportunity," Mpinganjira said on Tuesday during a media briefing in Blantyre at which he dispelled speculation that he entering politics.

 He denied anyhting to do with politics, saying he was gifted by God to run business and not politics.

 


“My appeal is that let us love our country and ourselves and build a better Malawi together. Let us spend our time encouraging and assisting more Malawians to get into serious sustainable investments that last into future generations,” said Mpinganjira.

 

 

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