FDH Bank Limited (FDH Bank plc) has announced its intention to list on the Malawi Stock Exchange (MSE) in August in year 2020. Managing Director for FDH Bank plc, Ellias Ngalande said in a statement on June 22, 2020 that the listing, subject to MSE and Reserve Bank of Malawi (RBM) approval, is a defining moment in the growth of the Bank. "The purpose of our listing is threefold: to raise capital to support the future growth of the Bank, to fulfill a contractual obligation with the Government of Malawi as part of the MSB acquisition, and to allow existing shareholders to dispose part of their shareholding in the Bank," said Ngalande. FDH Bank will be listing on the bourse with 51 branches and 92 ATMs countrywide, 1,771 Banking Agents countrywide mostly in rural areas.