Figures from a published financial statement by CDH Investment Bank show that the investment bank has registered a 69% growth in its profit after tax for the half year ended June 30 2020.
While the pleasant development above has occurred amid the coronavirus pandemic, the bank has, however, taken appropriate steps to assess the likely impact of the pandemic on business and management is closely monitoring potential disruptions caused by the pandemic. Meanwhile, as governments are loosening Covid-19 restrictions, the bank expects supply chains to improve.
CDHIB is a leading investment bank in Malawi. It opened for business on 2nd April 2012 following the successful conversion from Continental Discount House Limited (CDH) which had operated in the financial sector for 14 years since August 1998.