private industry financial services founded 1998 headquarters 5th floor unit house victoria avenue blantyre malawi key people franklin kennedy chairman misheck esau managing director 1 products loans savings checking investments debit cards credit cards mortgages revenue aftertax us 151 000 mwk 40 million 2010 total assets us 40.5 million mwk 10.7 billion 2010 number of employees 65 2012 website homepage cdh investment bank commonly referred to as cdhib is an investment bank in malawi . it is one of the banks licensed by the reserve bank of malawi the national banking regulator . 2 the bank is the 12th bank to open in malawi . 3 the bank is a subsidiary of cdh holdings limited which in turn is a subsidiary of transafrica holdings limited a financial services group headquartered in mauritius . 4 other companies in the cdh group include cdh asset management limited cdh commodities limited cdh capital limited and cdh properties limited . contents 1 overview 2 history 3 ownership 4 branches 5 subsidiaries 6 see also 7 references 8 external links overview edit cdhib is a small but growing financial services provider in malawi . as of december 2010 update the bank s total assets were valued at about us 40.5 million mwk 13.7 billion with shareholders equity valued at approximately us 4.2 million mwk 1.400 million . 5 history edit cdhib was founded in 1998 as continental discount house limited cdh which has operated in the financial sector since august that year . in may 2011 cdh was granted a banking license by the reserve bank of malawi . the institution dropped the discount house license it previously held but continues to offer almost all services it used to under the discount house licence like trading financial instruments and corporate financial advisory . it then rebranded to cdh investment bank . in april 2012 cdhib commenced commercial and investment banking business by opening its main branch in blantyre the largest city in the country and a second branch in lilongwe the capital of malawi . 6 7 ownership edit the shares of stock of cdh investment bank is privately owned by the following corporate entities 8 cdh investment bank stock ownershi rank name of owner percentage ownership 1 continental holdings limited of malawi 71.00 2 various local minorities malawi 29.00 total 100.00 branches edit as of june 2012 update the bank maintains networked branches at the following locations main branch cdh house 5 on independence drive blantyre lilingwe branch city mall mchinji roundabout lilongwe subsidiaries edit cdhib maintains the following wholly owned subsidiaries cdh forex bureau limited malawi see also edit list of banks in malawi economy of malawi reserve bank of malawi references edit board of directors at cdh investment bank list of licensed commercial banks in malawi malawi s 12th commercial bank opens two branches group structure of cdh holdings limited december 2010 financial statement continental discount house founded in 1998 cdh rebranded to cdhib in april 2012 shareholding in cdh investment bank external links edit overview of malawi s banking sector in 2012 website of cdh investment bank website of reserve bank of malawi retrieved from https en.wikipedia.org w index.php title cdh investment bank & oldid 703890336 categories banks of malawibanks established in 1998companies of malawieconomy of malawi1998 establishments in malawihidden categories articles containing potentially dated statements from december 2010all articles containing potentially dated statementsarticles containing potentially dated statements from june 2012 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 8 february 2016 at 07 26 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view