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What is FDH Bank PLC Fy2023 Financials about?

FDH Bank Plc reported a profit after tax of MK35.6 billion for the year ended December 31, 2023, a 55% increase from the previous year, driven by a 60% rise in net interest income and a 33% increase in non-interest income. Total assets grew by 30% to MK566 billion, with customer deposits increasing by 35% to MK444 billion. The bank declared total dividends of MK22.635 billion for 2023 and anticipates continued economic challenges in 2024 due to foreign currency shortages and inflation.

Author

mada

Language

EN