Centenary Bank Limited has partnered with the Financial Market Dealers Association (FIMDA) to strengthen the country's financial future with financial support of K2,000,000, going towards FIMDA's 2023 lakeshore conference.

Jim Kalua, Head of Treasury at Centenary Bank, affirmed their commitment to supporting positive changes in Malawi's financial world. He said “the bank's sponsorship of K2,000,000 signifies trustworthiness and reliability, demonstrating the bank's commitment to its customers and the nation. He further added that “this partnership reflects Centenary Bank's mission to make people's lives better, as it aligns with Malawi's national vision MW2063. What makes this moment even more special is the fact that our partnership is unfolding under a new brand - Centenary Bank Limited”.

FIMDA's President, Leslie Fatch, recognized the importance of this sponsorship, particularly during these challenging times and thanked the bank for the gesture. He said “Centenary Bank, being a key financial player in Malawi, plays a vital role within FIMDA, supporting financial inclusion and market stability. We expect a fruitful lakeshore conference, and we are enthusiastic to seeing the successful implementation of MIP-1 Pillar 1, which we are here to catalyze into fruition”.

“The funds from Centenary Bank will be crucial for the success of FIMDA's upcoming annual conference. The conference's theme, "The Role of Financial Markets in the Attainment of MIP-1 Pillar 1," highlights the significance of Pillar One: Agricultural Productivity and Commercialization, a key part of Malawi's development”.

The conference, scheduled for October 14th to 16th at Sunbird Nkopola Lodge in Mangochi will bring together representatives from various financial sectors, including markets, banks, fund managers, pensions, foreign, and local dealers. Dr. Thomas C. Munthali, Head of the National Planning Commission, will provide valuable insights as the keynote speaker.

Corporate entities interested in advancing the agricultural agenda are also welcome to participate. This conference is expected to encourage discussions and collaborations that will drive positive changes in Malawi's financial landscape.

Centenary Bank's sponsorship means more than financial support; it is an investment in Malawi's brighter financial future. Together with FIMDA, they are paving the way for a more inclusive financial market in Malawi, in line with the MW2063 national vision.

"As we look ahead, we appreciate Centenary Bank's commitment, and we anticipate a more prosperous financial future for Malawi, one where partnerships and collaboration are at the core of our nation's development", said Fatch