By Chisomo Phiri
One of the top financial institutions, FDH Bank has today announced increasing its sponsorship towards Malawi’s National Football Team,the Flames from K360 million to K1 billion covering four years from 2024.
This means that the team will be receiving K250 million each year up to 2027.
Announcing the sponsorship increment at Mount Soche Hotel in Blantyre on Friday, the FDH Bank Managing Director Noel Mkulichi said they have done this in order to further contribute towards the development of the football game in the country.
Said, Mkulichi:” At FDH Bank, we love football game and this is why we have decided to increase our sponsorship package so that the national team is not struggling in its activities.”
Asked on whether the bank is satisfied with the national football team’s current performance or not, Mkulichi said:” Yes, we are very satisfied with the team’s performance and we believe that it will continue doing better. Having qualified at Cosafa challenge is also another thing that has encouraged us to boost our sponsorship.”
The FDH Managing Director then urged FAM officials to keep on using the sponsorship money honestly so that the association attracts more donors.
In his few remarks, FAM President Walter Nyamilandu Manda hailed FDH Bank for the sponsorship increment.
“To be honest, I am very happy and at the same time surprised. I did not expect FDH Bank to make this huge sponsorship towards FAM amidst economic challenges. I am very excited and I assure the bank that the money will be used accordingly to uplift the football game in the country,” said Nyamilandu in a happy face.
The FAM boss then urged other companies and organizations to emulate the kind gesture by FDH Bank by contributing what little they have towards the Flames’ activities.
FDH Bank has been the national football team partner since February 2016.