FCB transformation unlocks US$14mln dividend

FCB entered into a share purchase agreement with ASB Hospitality LLC in September last year for the disposal of its shareholding in Makasa Sun in a deal worth US$30 million.

FIRST Capital Bank (FCB)’s business transformation is set to unlock US$14 million in dividends for the 2024 financial year after its board proposed a final dividend declaration of 0,315 cents per share.This will bring the bank’s total dividend for the year ended December 31, 2024 to 0,661 cents per share.For the period under review, the…

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