First Capital Bank Zimbabwe lays foundation for sustainable growth

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 Zimbabwe (FCB) has reaffirmed its strategic importance within FMBcapital Holdings Plc (FMBCH), contributing US$23 million in profit after tax for the year ending December 2024. Across the Group, FMBCH recorded US$103,5 million in profit after tax, a 13 percent year-on-year increase, with four subsidiaries — Zimbabwe, Botswana, Malawi, and Mozambique — each…

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