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FBC urges clear Zimbabwe de-dollarisation framework

FBC Holdings Limited has called on the Reserve Bank of Zimbabwe (RBZ) to establish a clear and credible framework for de-dollarisation to ease pressure on the country's foreign currency reserves.The appeal comes amid government plans to ph…

Published: 15 Aug 2025 at 08:55hrs | 471 | by Staff reporter

FBC sees cautious recovery in Zimbabwe

Financial services firm FBC Securities says Zimbabwe's 2025 Mid-Year Budget and Economic Review points to a cautiously optimistic recovery trajectory, although tight fiscal and monetary conditions could slow domestic demand and private sec…

Published: 05 Aug 2025 at 14:38hrs | 236 | by Staff reporter

FBC blames tight policy for choking transaction volumes

Financial services giant FBC Bank has attributed a sharp decline in transaction volumes to the Reserve Bank of Zimbabwe's (RBZ) continued tight monetary policy, which it says has squeezed liquidity and hindered lending activity.The RBZ has…

Published: 16 May 2025 at 09:50hrs | 74 | by Staff reporter

FBC Bank introduces 24/7 deposit-taking ATMs in Zimbabwe

FBC Bank has unveiled a 'groundbreaking' service in Zimbabwe with the launch of Deposit-Taking ATMs, enabling customers to deposit cash into their individual accounts or FBC Mastercard Prepaid cards at any time of the day.This innovative f…

Published: 17 Dec 2024 at 15:23hrs | 1033 | by Staff reporter

Standard Chartered Bank Zimbabwe changes name

FBC Holdings has officially renamed its newly acquired Standard Chartered Bank to FBC Crown Bank, according to regulatory authorities. FBC Crown Bank will function semi-autonomously as a subsidiary of FBC Holdings, focusing on wholesale ba…

Published: 04 Aug 2024 at 15:19hrs | 1162 | by Staff reporter

John Mushayavanhu brings a new culture of transparency to RBZ

Zimbabwe witnessed the dawn of a new culture at the Reserve Bank of Zimbabwe. In a groundbreaking move that has garnered widespread commendation from socio-political analysts and observers, the new Governor of the Reserve Bank of Zimbabwe,…

Published: 05 Apr 2024 at 06:53hrs | 43 | by Nicholas Ncube

Transparency and Accountability vital when appointing the Governor of the Reserve Bank of Zimbabwe

On the 28th March 2024, Zimbabwe witnessed the appointment of John Mushayavanhu as the Governor of the Reserve Bank of Zimbabwe (RBZ). However, this appointment has sparked controversy and raised questions about transparency and adherence …

Published: 31 Mar 2024 at 16:25hrs | 2 | by Jacob Kudzayi Mutisi

John Mushayavanhu: A strong candiate to lead the Reserve Bank of Zimbabwe

As Zimbabwe looks to appoint a new Governor for the Reserve Bank, the candidacy of John Mushayavanhu has gained significant attention and support from various quarters. With an impressive track record in the banking industry and a wealth o…

Published: 10 Dec 2023 at 10:56hrs | 16 | by Nkululeko Nkomo

RBZ approves FBC acquisition of StanChart

THE Reserve Bank of Zimbabwe (RBZ) has approved FBC Holdings Limited's (FBCHL) purchase of Standard Chartered Bank Zimbabwe Limited (SCBZL), making it one of the biggest banks in the country.As previously reported, in April 2022, SCBZL's f…

Published: 15 Nov 2023 at 05:12hrs | 13 | by Staff reporter

Zimbabwe's FBC Holdings acquires Standard Chartered Bank's business portfolio

Zimbabwe's FBC Holdings Limited and Standard Chartered Bank have reached an agreement for the acquisition of the latter's business portfolio in the country, subject to regulatory approval by the Reserve Bank of Zimbabwe.The deal, which wil…

Published: 08 Jun 2023 at 18:04hrs | 4 | by Staff reporter

Cross-border traders and FBC Bank enter into partnership

THE Cross-Border Traders Association (CBTA) and the FBC Bank have entered into a deal that will see the financial institution issuing MasterCards to informal traders.CBTA chief executive Killer Zivhu said the new facility will reduce the r…

Published: 08 Apr 2022 at 00:30hrs | 12 | by Staff Reporter

BCC reverses CBZ, FBC housing stands deal

THE Bulawayo City Council (BCC) has reversed its decision to sell some residential stands to two financial institutions after the parties failed to agree on the purchase price.According to latest council minutes, BCC in April last year res…

Published: 07 Jan 2022 at 05:56hrs | 7 | by Staff reporter

'FBC's $4.8m asset seizure order unlawful'

CAPS Holdings Limited chairman Frederick Mutanda has said the High Court order permitting the seizure of $4.8 million worth of the company's assets was acquired through an unauthorized consent.This came after CBZ and FBC entered into an ag…

Published: 20 Aug 2015 at 11:47hrs | 2718 | by Staff reporter

FBC Bank introduces MasterCard Prepaid services

FBC Bank has begun offering a MasterCard Prepaid service that enables locals to shop online across various platforms worldwide. In a campaign dubbed 'Load & Go' the bank initially introduced the campaign through the endorsement of loca…

Published: 18 Aug 2011 at 13:57hrs | 584 | by Clinton Mutambo

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Nengomasha quits

Zimbabwean minister proposes 24-hour economy

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Zimbabwe's biggest threat to business formalisation is currency

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Sikhala reps reprimand police

Negligent Harare gynaecologist exposed

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