FDH Bank Capitalisation Rises to K4.7tn After New Acquisition

FDH Bank capitalisation rises to K4.7tn after new acquisition

FDH Bank plc has hit K4.7 trillion market capitalisation, joining the elite ranks of most valuable Malawi Stock Exchange-listed companies a few days after acquiring a 98.8 percent stake in Ecobank Mozambique SA (EMZ). MSE weekly market report shows that FDH Bank plc’s share price has also increased by 14.8 percent from K599.99 on the day of the announcement to K689.28 at the close of the week. FDH has grown its value on MSE over the past four ye…

FDH Bank Expands Regional Footprint with Strategic Acquisition of Ecobank Mozambique - Business Malawi

Key Business Points Regional expansion: FDH Bank plc has acquired a 98.8 percent stake in Ecobank Mozambique SA, marking a significant milestone in its regional expansion strategy and providing opportunities […] The post FDH Bank Expands Regional Footprint with Strategic Acquisition of Ecobank Mozambique appeared first on Business Malawi.