Banking innovations that help your business growarrow2

Public Notice to Scheme Shareholders - Britam Insurance Company Limited

Britam Insurance Company Limited Scheme Shareholders are hereby reminded of the approved Scheme of Arrangement which is still ongoing since 18 April 2016. Approximately 72% of the scheme shares have been traded so far through Continental Capital Limited, formerly known as CDH Capital Limited.
All outstanding holders of the Scheme Shares are therefore advised to present to Continental Capital Limited original certificates relating to their respective Scheme Shares to receive payment proportionate to their shareholding (less appropriate taxes). In addition to presentation of original share certificates, shareholders shall be required to complete Know Your Customer (KYC) forms.

Continue Reading

CDHIB announces closing of a USD16.2 million rights issue transaction

NBS Bank Plc, a listed bank and a subsidiary of NICO Holdings Plc raised an additional growth capital through a public issue of new ordinary shares which were listed on 17th July 2017.

CDH Investment Bank, a leading investment bank in Malawi, assisted NBS Bank Plc, a subsidiary of NICO Holdings Plc and a company listed on the Malawi Stock Exchange (MSE) raise additional growth capital of USD16.2 million. The new shares were listed on the MSE on 17th July 2017.

In the rights issue, NBS Bank Plc issued an additional 2,182,930,017 ordinary shares, bringing the total issued number of shares for the bank to 2,910,573,356 and total market capitalization of approximately USD27.4 million.

CDH Investment Bank’s role in the equity capital raise transaction demonstrates that the bank has strong investment banking capabilities and remains able to deliver successful capital market transactions in Malawi.

Continue Reading

  • Executive loan

    Executive loan

  • Asset financing

    Asset financing

  • Prime investors a/c

    Prime investors a/c

  • International trade

    International trade

  • Cash covered loan

    Cash covered loan

  • Foreign currency swaps

    Foreign currency swaps

  • Financial planning

    Financial planning

  • Careers

    Careers