Chance Munthali wins Khashi-Khashi grand draw - 06/October/09

First Merchant Bank (FMB) on October 1, 2009 wound up the Khashi-Khashi Promotion and Chance Munthali of Liwonde, Machinga who emerged a winner of the ultimate K1million prize.

During the final draw, Catherine Chinula and Chiyambi Club also prizes, respectively. FMB head of retail banking Mbachazwa Lungu described the promotion as a success and expressed happiness with the fact that Malawians appreciated the need to save. Lungu said the promotion which started in May this year, was aimed at rewarding the bank’s customers for saving with FMB. He said through the promotion, FMB attracted 3, 000 new customers in the last five months.

As part of its commitment to growth and development, FMB adopted a rural expansion strategy and is planning to open branches in Mzimba, Nkhata Bay, Mulanje, Chikwawa, Rumphi and Salima.

Lilongwe man wins August Khashi-Khashi draw - 03/September/09

First Merchant Bank (FMB) says its customer base has grown through the Khashi-Khashi promotion. This was revealed during the fourth draw of the promotion at the bank's headquarters in Blantyre. According to FMB's Marketing Manager Mary Chilima since the inception of the promotion in May the bank has managed to court 3,000 new customers. "We are expecting the number to increase especially this month as we are heading for the final draw which will see the winner carting home K1 million," said Chilima.

She further said so far the customers are opening the fixed deposits accounts with amounts ranging from K10,000 to K10 million. "This shows a positive response from our customers and that the promotion is not based on amounts as winners are selected randomly," she said. Chilima also said the promotion has also managed to target rural communities which the bank aims to promote. During the draw Peter Fatsani Thaulo of Lilongwe emerged the winner of K200.000. Thaulo said he will use the money to boost his business capital. "I ran a small business and this money will assist me to boost it and possibly get a loan from the bank. "I am very happy and will make sure that I invest the money. I really did not expect it," said Thaulo.

The second prize of K150,000 went to Grace Mapunda of Blantyre, while the third prize of K100,000 went to Erick Reginald Matiya of Zomba. The Khashi-khashi promotion is aimed at encouraging both the companies clients and non clients in money saving.

Karonga man wins in FMB Khashi-Khashi promotion - 14/August/09

Innocent Longwe Peters of Karonga emerged winner of K200,000 First Merchant Bank (FMB) Khashi-Khashi promotion. This is the third of the series of draws held at the bank's headquarters in Blantyre. According to FMB's Marketing Manager Mary Chilima the promotion is aimed at encouraging both the companies clients and non clients in money saving. "What is needed is for one to open a fixed deposit account with at least K10,000 from 1st May to 30th September and they are free to deposit as many times as possible to stand a chance of winning the grand prize," said Chilima.

"We will be conducting monthly draws and in September that is when we will dish out the grand prizes with the winner walking away with a cool K1 million followed by K300,000 and K200,000 respectively," said Chilima. The second prize of K150,000 went to Limited Majiga of Dwangwa, who said the money will assist him in repaying a loan which he took from the bank, while the third prize of K100,000 went to Reverend Dolb Mwakanandi.

After the draw, the bank presented a cheque to last month third winner Rodney Tingo-Kanyama a third year Business Administration student at the Polytechnic. Tingo-Kanyama said the win was beyond his expectation and that when he joined the competition he was just trying his luck. "I want to encourage FMB customers to open fixed accounts. They might be lucky as I was,." he said.

Limbe Man wins Khashi-Khashi promotion - 3/July/09

FMB conducted the second draw of its ongoing 'Khashi-Khashi promotion' in Blantyre. The bank's Business Development Manager George Kamvulumvulu said the promotion was initiated to lure more customers from rural areas. "FMB has diversified as we are also available in rural areas and above that now we are offering services to Small and Medium Enterprises (SMEs) so this promotion will assist us to encourage savings culture among our customers," Kamvulumvulu said.

During the draw Mahomed Salim of Limbe emerged winner of K200,000 followed by Sarah Temweka Gondwe of Blantyre who grabbed K150.000 while Rodney Kanyama of Lilongwe won K100,000. Entry into the promotion requires opening a fixed deposit account of K10.000 and FMB says it received 560 entries in June. The promotion which started in May this year will run for six months and wind up on September 30.

LL woman wins Khashi-Khashi promotion - 4/June/09

Sophy Matamanda, a Lilongwe based woman, on 2nd June emerged first winner of K200,000 First Merchant Bank (FMB) Khashi-Khashi promotion monthly draw held at the bank's headquaters. According to FMB Marketing Manager Mary Chilima the promotion is aimed at encouraging both the companies clients and non clients in money saving. "What is needed is for one to open a fixed deposit account with at least K10,000 from May 1 to September 30 and they are free to deposit as many times as possible to stand a chance of winning the grand prize.

"We will be conducting monthly draws and in September that is when we will dish out the grand prizes with the winner walking away with a cool K l million Mowed by K300.000 and K200,000 respectively," said Chilima. She further said apart from encouraging would be clients, the promotion is also a way of thanking its customers by giving back huge sums of money with a small investment. Reacting after receiving the news, Matamanda could not hold her happiness as she kept thanking God and Chilima. "Ohh! Praise the Lord, I do not believe it thank you, thank you God," said Matamanda.

The second prize of K150,000 went to Chifundo B Club, a Makwacha club in Magawa which has about six members, while the third prize of K100,000 went to John Manda of Lumbadzi. Apart from the cash prizes, the bank is also giving out consolation prizes of FMB branded T-shirts and cell phones to first 50 clients of each branch.

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