FDH supports FIMDA Lakeshore Conference

DH Bank Plc last week handed over K1 Million to Financial Markets Dealers Association of Malawi (FIMDA) in support of their annual Lakeshore Conference.

This year’s conference which was held on 27 to 29 November under the theme ‘Financial Markets: Unleashing Malawi’s Potential amidst Rising Negative Balance of Payments.’

Speaking in an interview, FDH Financial Holdings public relations officer Lorraine Chikhula said the bank applauds the role FIMDA play and they want to see them grow.

“We considered it critical to support the conference especially at this point where the financial sector is impacted by various challenges and the conference will provide an informed platform for progressive discourse on the exports, financial markets and balance of payments; critical factors that affect economic development and empowerment of the country.

“The conference will seek to tackle solutions to address the forex shortage rising from the negative balance of payment pertaining to the banking and financial sector,” she said.

In his remarks, FIMDA general secretary Sekani Mfufu hailed the bank for sponsoring this year’s conference.

“The support is timely as it will enable us to meet our budgetary requirements to this year’s high powered conference which will have panellists drilling conference delegates on the interplay between Exports, Financial Markets and Balance of Payment,” he said.

This year’s conference which was held on 27 to 29 November under the theme ‘Financial Markets: Unleashing Malawi’s Potential amidst Rising Negative Balance of Payments.’

Speaking in an interview, FDH Financial Holdings public relations officer Lorraine Chikhula said the bank applauds the role FIMDA play and they want to see them grow.

“We considered it critical to support the conference especially at this point where the financial sector is impacted by various challenges and the conference will provide an informed platform for progressive discourse on the exports, financial markets and balance of payments; critical factors that affect economic development and empowerment of the country.

“The conference will seek to tackle solutions to address the forex shortage rising from the negative balance of payment pertaining to the banking and financial sector,” she said.

In his remarks, FIMDA general secretary Sekani Mfufu hailed the bank for sponsoring this year’s conference.

“The support is timely as it will enable us to meet our budgetary requirements to this year’s high powered conference which will have panellists drilling conference delegates on the interplay between Exports, Financial Markets and Balance of Payment,” he said.