FDH Bank PLC 2024 AR2
The report highlights FDH Bank Plc's strong financial and sustainability performance for the fiscal year 2024. The bank achieved a record revenue of K195 billion and a profit after tax of K74 billion, representing a 108% growth from the previous year. On the sustainability front, the bank expanded its financial inclusion efforts by launching the first commercial bank service centre on Likoma Island and introducing the Shariah-compliant FDH Salama Banking Solution. Additionally, under its 'FDH Cares' program, the bank surpassed its green target by planting 1.1 million trees and constructed 22 climate-resilient houses for cyclone victims. The bank also transitioned nearly half of its service centres' backup power to solar energy and procured electric vehicles to reduce its carbon footprint.
Company: FDH Bank PLC
Sector: Financials
Country: Malawi
Year: 2024
Type: AR2
Pages: 147
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FDH Bank PLC
Annual Report
The report highlights FDH Bank Plc's strong financial and sustainability performance for the fiscal year 2024. The bank achieved a record revenue of K195 billion and a profit after tax of K74 billion, representing a 108% growth from the previous year. On the sustainability front, the bank expanded its financial inclusion efforts by launching the first commercial bank service centre on Likoma Island and introducing the Shariah-compliant FDH Salama Banking Solution. Additionally, under its 'FDH Cares' program, the bank surpassed its green target by planting 1.1 million trees and constructed 22 climate-resilient houses for cyclone victims. The bank also transitioned nearly half of its service centres' backup power to solar energy and procured electric vehicles to reduce its carbon footprint.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Assurance
Assurance Provider
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women in Management
Employees