FDH Bank has signed an agreement with Press Trust under the strategic partnership for impactful social investment initiative. Under the development, the bank will commit K5 billion towards the Trust’s social initiatives that are aimed at ensuring joint identification and financing of projects that will improve the social economic status of Malawians.
FDH Bank’s Acting Managing Director of the Bank, William Mpinganjira, said the 5 year partnership will complement efforts that the bank has been putting to support socio-economic growth of Malawians under its corporate social responsibility program dubbed FDH Cares. He also said the partnership will achieve greater collaboration and coordination in the delivery of meaningful and impactful social investments that will contribute to national development, in the time mentioned.
On the other hand, Press Trust Chairperson, Wilson Chirwa also outlined that the partnership will benefit communities. “We will continue with the activities we have been doing such as in health and education it is just that now with the combined effort with FDH Bank we will be able to have a greater footprint,” Chirwa said.