FBC, StanChart deal by June
In April 2022, StanChart’s former British-based parent company, Standard Chartered PLC, announced plans to fully divest from its Angola, Cameroon, Gambia, Jordan, Lebanon,
By Business Reporter
Apr. 1, 2024
CTC approves FBC, StanChart deal
The deal was first approved by the Reserve Bank of Zimbabwe in November last year.
By Mthandazo Nyoni
Mar. 13, 2024
Is SME banking the next frontier?
From 2012 to 2022, the collective share of total public deposits held by commercial banks increased from 40% to 73%, at a compound annual growth rate of 6,2%.
By Yona Menon Banda
Feb. 9, 2024
Mounting sovereign risk weighs on bank mergers
But Inter-Horizon Securities equities data analyst Vanessa Machingauta said there were concerns on the industry shrinking and becoming monopolistic in nature.
By Melody Chikono
Jan. 12, 2024
Premium
Banks raid accounts over IMMT ‘arrears’
The IMTT on foreign and local currency transactions is pegged at 1% and 2%, respectively.
By Tafadzwa Mhlanga
Dec. 31, 2023
Inside FBC's StanChart acquisition deal
AENT is a stand-alone fund created by the StanChart Zim shareholders to house any other local investments than the investment in the bank
By Tatira Zwinoira
Sep. 8, 2023
FBC Bank knocks at giants’ door
According to Financial Express, FBC Holdings has entered into an agreement to acquire Standard Chartered Zimbabwe for a total consideration of around US$34 million.
By Tafara Mtutu
Jun. 16, 2023
Union fears ‘bloodbath’ as FBC snaps Stanchart
But the fact that Mushayavanhu made specific reference to the issue demonstrates the importance that the banking group attaches to the subject.
By Shame Makoshori
Jun. 9, 2023
FBC Holdings acquires StanChart’s Zim unit.
Barclays assets were taken over by Malawi-based FMB Capital, and it rebranded to First Capital Bank.
By Mthandazo Nyoni
Jun. 9, 2023
