FDH Bank has announced a new four-year sponsorship deal for the Malawi National Football Team, the Flames worth K1 billion.
This means that a total amount of K250 million will be used per year from K120 million in the previous deal.
Addressing the Media at the Unveiling Ceremony, Managing Director of FDH Bank Noel Nkulichi, said that the Bank has increased the sponsorship following the tremendous growth that they have seen in the national football team, which includes AFCON qualification.
Meanwhile, Football Association of Malawi, President, Walter Nyamilandu, has hailed FDH Bank for showing unwavering support to the Malawi National Football team.
FDH Bank has also reviewed that they have plans to invest in youth football in the near future.
The Bank started sponsoring the Flames in 2016 at K30 million a year.