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FDH Bank invests K1.3 bn for Malawi operations

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One of Malawi’s major banks, FDH, has invested US$4.8m (about K1.3 billion) towards expansion of the bank’s operations. The funds have been raised by the bank’s shareholders, FDH Financial Holdings Limited, according to a press statement. “The Board of Directors of FDH Bank Limited is pleased to announce the injection of US$4.8m into FDH Bank...

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