FMB | Results for the year ended 31 December 2014
Review of operations Malawi’s GDP grew by 6.3% in 2014, largely driven by agriculture, but financial markets remained somewhat subdued. Monetary policy was contractionary to combat persistent...
View ArticleFMB | Unaudited Consolidated Results for the 6 months ended 30 June 2015
Review of Operations The annualized rate of growth in group assets for the period was in excess of 20%, mainly attributable to deposit mobilization with a 25% annualized growth in liabilities to the...
View ArticleLFC | Summarised results for the year ended 31 December 2015
Pursuant to the requirements of Section 37 (2) of the Financial Services Act, 2010, we publish below the statement of comprehensive income and statement of financial position of The Leasing and Finance...
View ArticleFMB | Release of 2015 annual report
Below are experts from the Managing Director’s report. 2015 was a successful year in terms of our strategic initiatives both to grow our customer base and to increase operational efficiency across the...
View ArticleFMB | Summary of Unaudited Consolidated and Separate Results for the 6 months...
REVIEW OF THE PERIOD The general economic malaise persisted in the first half of 2016. In response to prevailing high rates of inflation and continued pressure on the domestic currency, the authorities...
View ArticleFMB | Summary Audited Consolidated and Results for the year ended 31 December...
REVIEW OF THE YEAR The macro-economic shocks of 2015 in Malawi, Mozambique and Zambia continued to be felt at the beginning of 2016. The major challenges included drought and reduction in agricultural...
View ArticleFMB | Notice of 21st Annual General Meeting
Notice is hereby given that the 21st Annual General Meeting of the company will be held at the FMB Training centre on 6 June 2017 at 15:30 to transact the following business: Approval of minutes of the...
View ArticleFMB | Release of 2016 annual report
DEAR SHAREHOLDERS The year here reviewed was in almost all respects a remarkably positive one for the Group, a year of solid, often exceptional, achievements, all of which augured well for FMB’s...
View ArticleFMB | Trading statement for the six months ending 30th June, 2017
In terms of the listings requirements of the Malawi Stock Exchange Limited, a listed company is required to publish a trading statement as soon as it is satisfied that a reasonable degree of certainty...
View ArticleFMB | Summary Audited Consolidated and Separate Financial Statement as at 31...
REVIEW OF THE YEAR FOR THE BANK The bank recorded substantial growth during the reporting period with total assets increasing by 47% and profitability increasing by 47%, up from MWK5.2Bn in 2016 to...
View Article
