CDH Investment Bank has reported strong interim results for the first half of the year ending 30 June, 2024, posting K8.3 billion profit after tax — a 53 percent increase from the K5.5 billion reported in the same period last year. The unaudited results published in a statement have been endorsed by the bank’s board and executive.

Ecobank Malawi has obtained a $10 million trade financing guarantee from Proparco, which will enable the bank to secure confirmation lines on Letters of Credit for the importation of strategic commodities like fertilizers.

In a pioneering move within the realm of savings and credit cooperatives (Saccos), Mudi Sacco has emerged as a trailblazer by introducing its innovative WhatsApp Chatbot exclusively for its members, marking a significant leap forward in technological integration among over 40 Saccos nationwide.