FDH Bank Scoops Four Global Banking & Finance Review Awards
In January 2015, Global Banking & Finance Review announced a shortlist of winners for its annual awards. The organisation was delighted to honour financial institutions that had achieved outstanding results, setting them apart in their particular area of expertise within the finance and banking industry.
The Global Banking & Finance Review Awards were created to recognise organisations of all sizes that are prominent within their particular area of expertise within the financial services industry. The awards commend individual organisations for their involvement in pioneering banking solutions, recognising accomplishment, innovation, progression, strategy, and motivational changes taking place within the sector.
FDH Bank is a leading Malawian commercial bank that forms part of the FDH Financial Holdings group. FDH Bank was created with the vision of providing first class financial solutions to customers across Malawi and the Southern African Region. The company’s mission is to provide stakeholders with superior returns, as well as implementing sustainable growth. FDH Bank provides secure and efficient banking solutions, priding itself on being an employer of choice, and operating robust corporate social responsibility strategies that give back to local communities throughout Malawi.
The Global Banking & Finance Review Awards recognised the achievements of FDH Bank throughout 2015 in four categories, namely:
- Best Retail Bank Malawi 2015
- Best SME Bank Malawi 2015
- Best Banking Managing Director Malawi 2015 (Mr. Phillip Madinga)
- Best Banking Products Malawi 2015
Both FDH Bank and its parent company were created by esteemed Malawian business leader Dr Thomson Mpinganjira. was also recognised at the prestigious awards, where he was awarded Best Banking Group CEO Malawi 2015.
FDH Bank strives to deliver innovative and effective products to clients across Malawi today. The organisation has invested considerably in digital technologies, providing a range of groundbreaking products –promoting financial inclusion, convenience, and accessibility – that enable customers to complete transactions on the move. These include:
- FDH One-Click: A seamless digital bulk payment solution that enables customers to pay multiple beneficiaries in a single click
- FDH Mobile: An alternative channel that enables FDH clients to access banking services and complete transactions via their mobile device
Open Ufulu Digital Account: Clients can open an Ufulu Digital account by calling *525#
FDH Wallet: A virtual wallet enabling individuals to make digital transactions, even if they do not have a bank account
FDH InstaLoan: Providing digital access to interest-free credit facilities
WhatsApp Banking: Enabling customers to access FDH Mobile banking services directly from the WhatsApp messaging app
Smartpay: Facilitating real time purchases from any Smartpay registered merchant via a mobile device
FDH Mastercard: A fast and efficient way to manage finances
FDH Bank has worked closely with the Malawi Government to make the country’s banking sector more inclusive. By developing digital services, it is hoped that the bank will improve banking accessibility, even in geographically remote regions of Malawi.