Prisca Tshuma FBC Holdings (FBC) has invested nearly US$10 million in information technology (IT) and expanded lending to offset revenue lost after the Reserve Bank of Zimbabwe reduced bank charges. The central bank, earlier this year, set a two percent ceiling on cash withdrawal fees and a 1,5 percent cap on point-of-sale charges. In addition,…
FBC bets on lending, IT growth
Total assets rose 17,5 percent to ZiG26,33 billion from the audited December 31, 2025, position, while customer deposits increased 20,4 percent to ZiG15,56 billion, providing a relatively stable source of funding that the bank used to issue loans.