FDH Bank recently represented Malawi at the Africa Forward Together Forum in Mauritius, where the bank shared impact of its digital banking innovations on the local economic landscape, among other things.
The forum brought together delegates and decision-makers from various African countries to share experiences, information and reflect on Africa’s potential for growth.
FDH Bank Chief Finance Officer, George Chitera was part of a panel which discussed impact of payments innovation to African economies.
He spoke about Malawi landscape and strides FDH Bank is making in E- payments and innovation.
“FDH Bank has several digital solutions aimed at easing access to financial services, payments and championing financial inclusion. We have FDH mobile, SmartPay, FDH Wallet, Cardless Withdrawals,Diasopra wallet, Ufulu Digital account, online, Instaloan, OneClick and cards business,” Chitera told the delegates according to a statement the bank issued.
He said since its digital journey began in 2016, mobile accounts now have reached just over a million.
The bank is also working with mobile phone network service providers in promoting interoperability, thereby allowing push and pull transactions with the bank.
Other panellists were GM, Banking Circle General Manager, Mishal Ruparel, – ICPS Chief Executive Officer, Khevin Seebah and MCB Ltd Head of Cards, Stephanie Ng Tseung.
The forum brought together 28 banks from Malawi, Mauritius, Ghana, Swaziland, Palestine, Tanzania, Kenya, Mozambique, Uganda, Ivory Coast, Cameroon, Rwanda, Gabon, Madagascar, Bermuda, Senegal.