First Capital assets double on forex holdings

First Capital Bank

FIRST Capital Bank shrugged off the impact of the local currency devaluation to grow its asset base by 124 percent during the nine months to October 31, 2024 thanks to a strategic boost in foreign currency holdings.The near 43 percent devaluation of the ZiG by the authorities in September 2024 decimated the financial sector balance…

Subscribe to read full article. Subscribe today

Related posts

TSL seeks nod for VFEX migration

CBZ flags earnings risk from fee cuts

PLZ invests in local community

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More