FBC upbeat of new acquisition

Fees and commissions revenue stood at ZiG337 million, contributing 58 percent of total income.

FBC Holdings (FBC) says it is optimistic about the prospects of its latest acquisition ― FBC Crown Bank (Crown Bank) ― after it posted a ZiG107,4 million profit after tax in its maiden six months to December 31, 2024 as a group subsidiary, bolstering the balance sheet.FBC concluded the US$23,9 million acquisition of Standard Chartered…

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