FINANCIAL SERVICES

FBCH to revive share buy-back

FBC Holdings (FBCH) says it will reintroduce share buy-backs this year following an amendment to the Banking Act that lifted restrictions on the practice.Speaking at an analysts briefing last week, gr...

By Staff reporter | Published: 05 April 2018

FINANCIAL SERVICES

FBC total income up 13%

FBC Financial Holdings has reported a 13 percent growth in total income to $105 million while profit before tax rose by 14 percent to $29.3 million in the year 2017 from $25.7 million recorded in the ...

By Staff reporter | Published: 02 April 2018

FINANCIAL SERVICES

FBC Building Society to expand land bank

FBC Holdings' mortgage unit, FBC Building Society (FBCBS), is in the market for land to replenish its depleted land bank, with a bias towards high density land.Group chief executive officer, John Mush...

By Staff reporter | Published: 31 August 2017

FINANCIAL SERVICES

FBCH diversification pays dividends

Financial services group, FBC Holdings (FBCH), said it is now reaping rewards from its investments in various sectors of the economy.The group's chairperson, Herbert Nkala, said FBCH's six business un...

By Staff reporter | Published: 28 August 2017

FINANCIAL SERVICES

FBC profit after tax up 3%

FBC Holdings Limited has registered a 3% uptick in profit after tax to $9,6 million for the first half of the year on the back of managing costs despite the group's revenue for the period being down....

By Staff reporter | Published: 28 August 2017

LATEST PUBLISHED REPORTS

FBC.zw | Unaudited Financial Results HY17

Financial Highlights:– Total income $ 45 011 342– Profit before income tax $ 11 904 311– Profit for the period from continuing operations $ 9 610 652– Dividend per share 0.2235 US cents– To...

By FBC | Published: 24 August 2017

ANNOUNCEMENTS

FBC.zw | Dividend Announcement

Details:– Date Announced :Thursday 24, August 2017– Dividend declared for the period :30 June 2017– Dividend Amount per share :0.2235 US cents– Dividend Record Date :8 September 2017– Last d...

By FBC | Published: 24 August 2017

LANDS & AGRICULTURE

Agribank, FBC to raise $20m for agric

STATE-OWNED agro-lender, Agribank and FBC are going into the market to raise $20 million for the 2017/18 agricultural cropping season.This development follows the permission by government last month f...

By Staff reporter | Published: 09 August 2017

FINANCIAL SERVICES

FBC Insurance targets growth with SSP

FBC Insurance has chosen to support the growth of its Zimbabwean general insurance business in line with its strategic objectives using SSP's digital insurance platform, SSP Pure Insurance.SSP Pure In...

By Agncies | Published: 24 July 2017

BUSINESS NEWS

Bulawayo rejects FBC housing proposal

THE Bulawayo City Council has rejected a bid by FBC Building Society, which sought a joint partnership in developing 517 high density residential stands in Luveve suburb.Following an engagement over t...

By Staff reporter | Published: 17 July 2017

ANNOUNCEMENTS

FBC.zw | Results of Annual General Meeting

FBC Holdings Limited advises shareholders that all resolutions put to vote at the 13th Annual General Meeting held on Thursday, 29 June 2017 were passed with the requisite majority…...

By FBC | Published: 12 July 2017

FINANCIAL SERVICES

BCC turns down FBC proposal

BULAWAYO City Council (BCC) has turned down a joint venture housing project proposed by FBC Building Society for the development of residential stands to ease the housing backlog, latest council minut...

By Staff reporter | Published: 11 July 2017

ANNOUNCEMENTS

FBC.zw | Results of Annual General Meeting

FBC Holdings Limited advises shareholders that all resolutions put to vote at the 13th Annual General Meeting held on Thursday, 29 June 2017 were passed with the requisite majority… ...

By FBC | Published: 07 July 2017

ANNOUNCEMENTS

FBC.zw | Notice of Annual General Meeting

Notice is hereby given that the Thirteenth Annual General Meeting of Shareholders of FBC Holdings Limited will be held in the Main Lounge, Royal Harare Golf Club, 5th Street Extension, Harare on Thurs...

By A | Published: 05 July 2017

ANNOUNCEMENTS

FBC.zw | Press Release to All Stakeholders

FBC Holdings Limited published the following press statement:"Shareholders of FBC Holdings Limited (FBCH) and all other stakeholders may have come across an article in the Zimbabwe Independent of 5 to...

By A | Published: 05 July 2017

ANNOUNCEMENTS

FBC.zw | Dividend Announcement

Details:- Date Announced :Thursday, 23 March 2017- Dividend declared for the period :31 December 2016- Dividend Amount per share :0.2976 US cents- Dividend Record Date :7 April 2017- Last day to trade...

By A | Published: 05 July 2017

LATEST PUBLISHED REPORTS

FBC.zw | Audited Financial Results FY16

Financial Highlights:- Total net income $ 93 026 081- Profit before income tax $ 25 675 705- Profit for the year $ 21 937 726- Dividend per share 0.2976 US cents- Total comprehensive income for the ye...

By A | Published: 05 July 2017

LATEST PUBLISHED REPORTS

FBC.zw | Unaudited Financial Results HY16

Financial Highlights:– Total Income: $ 46,644,750– Profit before taxation: $ 11,118,992– Profit for the period: $ 9,300,899– Dividend per share: 0.2235 cents– Total comprehensive income for ...

By FBC | Published: 04 July 2017

ANNOUNCEMENTS

FBC.zw | Dividend Announcement

Details:– Date Announced: Thursday, 25 August 2016– Dividend declared for the period: 30 June 2016– Dividend Amount per share: 0.2235 US cents– Dividend Record Date: 09 September 2016– Last ...

By FBC | Published: 04 July 2017

LATEST PUBLISHED REPORTS

FBC | Unaudited results for HY ended 30 Jun 14

Financial Highlights:- Net interest income: $ 15 981 629- Net fee and commission income: $ 12 830 902- Gross profit: $ 2 132 575- Net earned insurance premium: $ 9 339 659- Total income: $ 40 989 265-...

By FBC | Published: 29 August 2014

FINANCIAL SERVICES

FBC to get $20m from Afreximbank

FBC Holdings will soon start drawing down on the last tranche of $20 million out of the $60 million facility secured from Afreximbank after signing off papers for the release of the funds. Group chief...

By Golden Sibanda | Published: 10 July 2014

FINANCIAL SERVICES

FBC Holdings dumps bank-building society merger

FBC Holdings has adjusted its plans to meet the Reserve Bank of Zimbabwe's $100 million capitalisation requirements and will no longer merge FBC Bank and FBC Building Society.Chief executive John Mus...

By Staff reporter | Published: 26 June 2014

ANNOUNCEMENTS

FBC | Notice of Annual General Meeting

Notice is hereby given that the Tenth Annual General Meeting of Shareholders of FBC Holdings Limited will be held in the Main Lounge, Royal Harare Golf Club, 5th Street Extension, Harare on Thursday, ...

By FBC | Published: 30 May 2014

FINANCIAL SERVICES

FBCH in $10m PTA deal

FBC Holdings (FBCH) is finalising a $10 million import facility with PTA Bank (PTA), its chief executive John Mushayavanhu said.He told businessdaily that it would be available shortly."In 2013, we go...

By Staff reporter | Published: 25 March 2014

FINANCIAL SERVICES

FBC revenue increase 7% to $79.50 million

FBC Holdings indicated that there was a modest increase of 7% in total income to $79.50 million while profit before tax "slightly decreased by 4%" to $16.22 million, CE John Mushayavanhu told analysts...

By Staff reporter | Published: 20 March 2014
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