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

GB Holdings Reports 96% Profit Collapse Despite 43% Revenue Growth

GB Holdings Limited has reported a profit after tax of USD 38,950 for the financial year ended 31 December 2025, a 96% collapse from the USD 1,029,508 recorded in the comparable period, despite total

1 day ago

Datvest Consumer ETF Delivers 45% Gain as Delta, Innscor Dominate Basket

The Datvest Modified Consumer Staples Exchange Traded Fund has reported a 45% year-on-year growth in the fair value of equity investments for the year ended 31 December 2025, with net assets attributa

2 days ago

Beyond the Agreements: Why Plumtree Has Become the Credibility Test of the Zimbabwe–Botswana BNC

Zimbabwe and Botswana have concluded the Fifth Session of their Bi-National Commission in Harare on 22 April 2026, with President Emmerson Mnangagwa and Botswana President Advocate Duma Gideon Boko co

Apr 23, 2026

Decoding the VP’s Speech at ZITF: Tobacco Targets, Value Addition Ambitions and Investment Commitments

Zimbabwe intends to produce more than 400 million kilograms of tobacco in the 2025/2026 growing season, up from the record 352.7 million kilograms delivered to the auction floors in 2025 at a combined

Apr 23, 2026

Ariston Names Farai Madziva CEO as Turnaround Enters Final Phase

Ariston Holdings Limited has appointed Farai Madziva as Chief Executive Officer with full executive mandate, effective from the departure of his predecessor Leon Nortier, who ceased to serve in the ro

Apr 22, 2026

Zimbabwe Approves USD 92Mn PPP to Unlock 1,200 Hectares at Victoria Falls: The Largest Single Land-Backed Infrastructure Deal

Government has approved a Public Private Partnership for the development of bulk infrastructure on Lot 1 of Jafuta Estate within the Masuwe Special Economic Zone in Victoria Falls, committing a combin

Apr 22, 2026

Zimbabwe Projects Cereal Surplus of Up to 965,000 Metric Tonnes Through March 2027 as Soyabean Output More Than Doubles

Zimbabwe has projected a national cereal surplus of between 550,945 and 964,945 metric tonnes through to March 2027, with total cereal production for the 2025/2026 summer season estimated at 2.74 mill

Apr 22, 2026

Zimbabwe’s New Banking Reality: The Informal Sector Holds the Future

In February 2026, the Reserve Bank of Zimbabwe (RBZ) removed balance enquiry fees and capped transaction charges across the banking system, directing all banks and deposit-taking microfinance institu

Apr 22, 2026