Search results for 'First Capital Bank'
Zimbabwe
Foreign currency loan book anchors First Capital’s Q3 earnings

SE-financial services outfit, First Capital Zimbabwe Limited has recorded an 82% uptick in total income to ZW$26 billion during the third quarter ended 30 September 2022 according to the Bank’s latest

Nov 15, 2022
Zimbabwe
First Capital Bank ducks ZSE, eyes VFEX

Harare - FIRST Capital Bank Limited has announced plans to delist from the Zimbabwe Stock Exchange with the intention to list at the Victoria Falls Stock Exchange (VFEX). The recent removal of the 100

Mar 20, 2023
Companies
First Capital Bank's Loans to Customers Surge in HY24 as NPL Ratio Improves

First Capital Bank's loans to customers in HY24 increased to ZWG1.3 billion (US$94.7 million) from ZWG1.2 billion (US$86.1 million) at the end of 2023, reflecting a growth rate of 11.2%. This positiv

Aug 30, 2024
Companies
First Capital's Non-Performing Loan Ratio Falls Below 3% Amid Restructuring

First Capital Bank has posted a solid third-quarter performance, driven by a restructuring exercise aimed at enhancing its operating model. In the banking sector, restructuring refers to the process

Nov 22, 2024
Companies
First Capital's Non-Performing Loans Down to 3.7%: Testament to Enhanced Risk Management

First Capital Bank, Zimbabwe’s renowned financial services outfit, has achieved a remarkable feat in the first quarter of 2025, with non-performing loans (NPLs) plummeting from 7% in Q1 2024 to 3.66%

May 22, 2025
Companies
From Harare to World: First Capital’s ESG Financing Echoes Global Trends

First Capital Bank, a premier financial institution in Zimbabwe, has disbursed USD 2.1 million in ESG-linked lending to empower women, youth, and underserved communities in the half-year ended 30 June

Sep 15, 2025
Companies
First Capital Bank Nears Completion of US$30m Makasa Sun Disposal

First Capital Bank Limited has received exchange control approval for the US$30 million disposal of Makasa Sun (Private) Limited (Formerly The Kingdom Hotel) and is now awaiting the remaining regulato

Jan 06, 2026
Companies
First Capital Posts Best Profit in History: But Non Performing Loans Surge 434%

First Capital Bank Limited, the Victoria Falls Stock Exchange-listed commercial bank whose parent is FMBcapital Holdings PLC of Mauritius, has reported profit after tax of US$30.1 million for the year

Mar 27, 2026

Top Stories

Tobacco Output Hits 200m kg in 42 Days, But Prices Remain Compressed

Zimbabwe's 2026 flue-cured Virginia tobacco season had, by Day 42 of trading on 5 May 2026, moved 199,114,300 kilograms across both auction and contract floors at a combined average price of USD 2.60

16 hours ago

Telecel's Valuation Trap: Buying a Broken Network to Own a Permanent Licence

Telecel Zimbabwe, once the historically second-largest mobile operator in the country with 1.92 million active subscribers and a 15.1% market share as recently as 2015, is currently operating under vo

18 hours ago

Calm Before the Storm? ZERA Holds While SADC Peers Breach Historic Price Records

ZERA, Zimbabwe's energy regulator, has held flat petroleum pump prices for the period to 15 May 2026 with petrol (E20 blend) at USD 2.08 per litre and diesel at USD 2.09 per litre in United States dol

18 hours ago

Zimbabwe Tests Diesel Blending to Cut Fuel Import Costs

The numbers suggest that the stakes are high. Diesel consumption continues to grow, reflecting economic activity and structural dependence on road transport. Any intervention in this market will have

1 day ago

Zimbabwe Resets Mining Fees, Introduces Tiered Fee Structure

Cabinet has approved a comprehensive review of licences, permits, levies, and fees charged across Zimbabwe's mining sector, introducing a tiered fee structure in which artisanal and small-scale miners

1 day ago

Xarani and the Platform Bet: What FBC Holdings Is Building, and Whether It Can Work

The platform bet is intellectually coherent, the Finserve trajectory demonstrates the commercial destination at maturity, and the internal group synergies with MicroPlan, OutRisk and FBC Bank are real

1 day ago

Zambia Rejects $2B US Health Carrot: Haimbe Exposes Secret 'Minerals-for-Medicine' Link

Zambia's Foreign Minister Mulambo Haimbe has disclosed on 4 May 2026 that negotiations with the United States over two proposed bilateral agreements, a health cooperation framework worth up to USD 2 b

May 05, 2026

Mozambique, South Africa Drive Zimbabwe’s Q1 Growth: America’s Slump Weakens March Arrivals

Zimbabwe's tourism sector has recorded 384,561 international arrivals in the first quarter of 2026, an 11% increase year-on-year, generating USD 251 million in tourism receipts, a 14% improvement from

May 05, 2026