Description

First Merchant Bank Limited is a subsidiary of FMB Capital Holdings plc.; providing corporate and retail banking services in Malawi. It has two wholly-owned subsidiaries; The Leasing and Finance Company of Malawi Limited provides solutions for deposit taking and asset finance; and FMB Capital Markets Limited is a licensed portfolio management company. The personal banking division of First Merchant Bank offers general banking services; from transactional accounts and private banking services to bill payment, safe deposit, mobile and internet banking, treasury bills and fixed and call deposits. Its business banking division offers corporate banking solutions; from savings and investments, overdrafts, term loans and foreign currency loans to corporate financial advisory, asset management services and leasing schemes. FMB also holds a 70% shareholding in Capital Bank Limited, a licensed commercial bank incorporated in Mozambique, a 38.60% shareholding in Capital Bank Limited, a licensed commercial bank incorporated in Botswana and 49% in First Capital Bank Limited, a licensed commercial bank incorporated in Zambia.

First Merchant Bank Limited is listed on the Malawi Stock Exchange

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