A statement by FDH Bank plc has announced a signed partnership with Innobuild Private Limited, allowing a K2 billion funding window to be accessed as loan by clients intending to acquire land.

According to FDH Bank plc Head of Personal and Investment Banking Kawawa Msapato, the partnership will enable a good number of Malawians to own land in a prime location in line with the bank’s mission of facilitating and making growth possible. On the other hand, Innobuild Chief Executive Officer Billy Chiwotha attributed the partnership to noting the Malawian’s challenges to land access in prime locations, hence, coming up with the initiative.

“In light of this, Innobuild solicited solutions that will make it easier for Malawians to own land in prime locations in our cities and approached FDH Bank plc to partner us in providing financial backing to Malawians to acquire land,” he said.