The Malawi Savings Bank has assured its customers countrywide of safety of their investments with the bank now that it is part of a stronger brand, FDH Financial Holdings.<\/p>\n
MSB Marketing Manager, Brenda Chilima said even though the bank, suffered from bad publicity and threat of a bank run following the controversy surrounding its sale, all the bank\u2019s outlets are open and operating normally.<\/p>\n
Chilima was speaking during the first draw of the MSB Mponda Makwacha promotion which saw the bank doubling account balances of 11 customers to a maximum of K1 million.<\/p>\n
\u201cWith the coming in of FDH Financial Holdings as a majority shareholder, MSB is now part of a stronger brand. This should bring excitement to our customers as, going forward, MSB can now offer better and wider products and services to its customers,\u201d she said.<\/p>\n
Chilima further assured Malawians that FDH will ensure that MSB complies with all the regulatory requirements set by the Reserve Bank of Malawi.<\/p>\n
\u201cWe are still the same bank, now even stronger than were. We are still the bank of the people,\u201d she said.<\/p>\n
FDH Financial Holdings recently acquired majority stake in MSB from government in a sale that was actively resisted by civil society groups and opposition members of Parliament who argued that the sale was not in the best interest of Malawians<\/p>\n","protected":false},"excerpt":{"rendered":"
The Malawi Savings Bank has assured its customers countrywide of safety of their investments with the bank now that it is part of a stronger brand, FDH Financial Holdings. MSB Marketing Manager, Brenda Chilima said even though the bank, suffered from bad publicity and threat of a bank run following the controversy surrounding its sale, […]<\/p>\n","protected":false},"author":3,"featured_media":7505,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-7501","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/7501","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/comments?post=7501"}],"version-history":[{"count":1,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/7501\/revisions"}],"predecessor-version":[{"id":7506,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/7501\/revisions\/7506"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media\/7505"}],"wp:attachment":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media?parent=7501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/categories?post=7501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/tags?post=7501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}