[2] In 2013, following MSB's inability to meet liquidity requirements, both the International Monetary Fund and the World Bank recommended that the financial institution be sold.
[2] When the Public Private Partnership Commission advertised for a strategic investor to buy a controlling stake in MSB, FDH Bank, the only bidder, offered US$12 million for a 75 percent stake.
The Malawian parliament and civil society organisations protested the then proposed sale.
On 3 July 2015, the government sold 75 percent of MSB’s shares of stock to FDH Bank for US$21.1 million.
As of April 2017, the government of Malawi owned 25 percent of FDH Bank Limited while FDH Financial Holdings Limited owned the remaining 75 percent.