First Capital mobilises financial resources for lending

The Victoria Falls Stock Exchange-listed firm’s total deposit base expanded by 26 percent year-on-year to US$199 million.

FIRST Capital Bank Zimbabwe (FCB) says it mobilised financial resources from various creditors for on-lending as it continues to expand its loan portfolio.FCB chief executive, Tapera Mushoriwa, said the bank’s loan portfolio increased by 150 percent during the year ended December 31, 2024, supporting key sectors including manufacturing, mining, tourism and agriculture.The financial institution recorded…

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