FDH BANK LIMITEDStatus: Approved investment
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The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
FDH is one of the leading banks in Malawi with a wide footprint that offers services to low income households, SMEs and large corporates. Its mission is to contribute to the growth of the local economy by supporting the MSME sector and driving its digitalization strategy to expand financial inclusion of the unbanked population.
What is our funding objective?
The funds will be used for predominantly on-lending to small, medium and micro enterprises.
Why do we fund this investment?
The financing fits very well into FMOs strategy of stimulating economic growth, investing in high impact projects in low income countries and supporting institutions that are operating in difficult economic environments.
What is the Environmental and Social categorization rationale?
This facility has been classified as Category B in accordance with FMO's Sustainability Policy. The bank has a well diversified portfolio across diverse sectors and has minimal exposure in high risk E&S sectors.
- Website customer/investment
- Financial Institutions
- Publication date
- Effective date
- Total FMO financing
- USD 7.50 MLN
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C)