First Merchant Bank Limited (MAL:FMB) signed an agreement to acquire Opportunity International Bank Malawi Ltd from Opportunity International Inc., Opportunity International United Kingdom and Opportunity International Canada on June 27, 2017. The transaction is subject to regulatory and statutory approval by the Reserve Bank of Malawi and the Competition and Fair Trading Commission of Malawi. As of October 23, 2017, the transaction received approvals from the Reserve Bank of Malawi and the Malawi High Court. Opportunity International Bank Malawi's customers would be seamlessly integrated into First Merchant Bank.