CDH Investment Bank committed to investing in financial inclusion drive

by in Business



By Chisomo Phiri

CDH Investment Bank has donated K1 million to the Bankers Association of Malawi (BAM) to support the hosting of its 2024 Lakeshore conference, scheduled to take place from August 22 to 24 at Sunbird Nkopola in Mangochi.

The conference will be held under the theme “Bridging the Gap: Inclusive Banking and Sustainable Development for All.”


Speaking at the cheque presentation ceremony on Monday, August 19, 2024, at the bank’s offices in Blantyre, Chief Business Development Officer Jamal Kamoto said they decided to support the conference as a way of appreciating BAM’s advocacy role in uniting and guiding commercial banks in Malawi.

He emphasized the significance of the conference and its theme, which provides a forum for stakeholders to discuss and brainstorm action plans to improve the nation’s economic revitalization through inclusive banking.

“The banking sector plays a critical role in sustainable development. We are confident that the deliberations at the conference will help participants brainstorm on how we can support sustainable development initiatives and financial inclusion,” Kamoto said.

BAM Chief Executive Officer (CEO), Lyness Nkungula, expressed gratitude to CDH Investment Bank for the timely support.

She applauded the bank’s constant support over the years, which has enabled BAM to host effective meetings and conferences.

“The conference brings together delegates from banks and other sectors to discuss the theme and other pertinent topics that will propel sustainable economic development forE all through the financial inclusion agenda.

“The sponsorship aligns with CDH Investment Bank’s motto to help businesses grow and will make the conference fruitful,” Nkungula said.

CDH Investment Bank is a leading investment bank in Malawi.

It opened for business on 2nd April 2012 following the successful conversion from Continental Discount House Limited (CDH) which had operated in the financial sector for 14 years since August 1998.