By Lazarus Nedi:
One of the country’s high street banks, FDH Bank, on Tuesday signed an agreement with Press Trust under the strategic partnership for impactful social investment initiative that will see the former committing K5 billion towards the Trust’s social initiatives in the next five years.
During the signing ceremony, it was highlighted that the partnership will ensure joint identification and financing of projects that will improve the social economic status of Malawians.
Acting Managing Director of the Bank, William Mpinganjira, said the partnership will complement efforts that the bank has been putting to support socio-economic growth of Malawians under its corporate social responsibility programme dubbed FDH Cares.
“The partnership will achieve greater collaboration and coordination in the delivery of meaningful and impactful social investments that directly contribute to the national development agenda for the next five years.
“This will mean that the bank and the Trust will sustainably reach more people and more communities through the joint facility of growth and contribute towards the social economic development of the country,” Mpinganjira said.
Press Trust Chairperson, Wilson Chirwa, concurred with Mpinganjira that the partnership will go a long way in enhancing the two parties’ individual capacity in providing social services.
“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.
Since 1997 the Trust has supported various socio-economic developments worth over $25 million across the country.
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