Ecobank Transnational Incorporated (ETI) has completed the sale of its bank in Mozambique to FDH Bank Plc, a financial institution based in Malawi. This marks the end of Ecobank’s operations in Mozambique and the beginning of full ownership and control by FDH Bank.
The process began on August 5, 2025, when Ecobank announced plans to sell its stake in Ecobank Mozambique S.A. The decision formed part of a broader strategy to focus on key markets across Africa and improve overall performance. All required regulatory approvals were later received, paving the way for the deal to be finalized in September.
Ecobank Mozambique S.A., which has been operating since 2000, runs four branches across major cities in Mozambique and is regulated by the Central Bank of Mozambique. The transfer of ownership does not affect the bank’s staff, customers, or daily operations, ensuring continuity in services.
FDH Bank Plc, listed on the Malawi Stock Exchange, offers a range of financial services including digital, business, and corporate banking. The purchase of Ecobank Mozambique was funded entirely from FDH Bank’s retained earnings, showing confidence in its financial strength and expansion strategy.
With this sale, Ecobank has now fully exited the Mozambican market, but the group remains committed to supporting financial growth and integration across Africa.
