FBCbank

FBC Bank, Full Name FBC Bank Limited, Is A Commercial Bank In Zimbabwe. It Is Licensed By The Reserve Bank Of Zimbabwe, The Central Bank And The National Banking Regulatory Authority.

Location

The Main Branches And Headquarters Of The Bank Are Located On The 6th Floor Of FBC Centre, 45 Nelson Mandela Avenue, Harare, The Capital And Largest City Of Zimbabwe. The Geographical Coordinates Of The Bank's Headquarters Are: 17 ° 49 '46.7 "S, 31 ° 02' 46.7" E (Latitude: -17.829639; Longitude: 31.046306).

Overview

As Of December 2017, FBC Bank Is A Mid-sized Banking Institution With Total Assets Valued At $558.10 Million And Shareholders' Equity At $77.90 Million. The Bank Is Very Active In The Digital And Mobile Banking Space. This Has Become Very Relevant In The Current Environment Where The Country Has Adopted A Multi-currency System; Using The South African Rand, US Dollar, Euro, Etc.

FBC Bank Is A 100% Subsidiary Of First Banking Corporation Holdings Limited, Commonly Known As FBC Holdings Limited, A Publicly Traded Financial Services Company Whose Shares Are Listed On The Zimbabwe Stock Exchange Under The Ticker Symbol: FBCH. The Holding Company Owns Subsidiaries As Shown In The Table Below:

History

The Bank Was Established In 1997 As First Bank Limited. In 2004, The Bank Was Wholly Acquired By FBC Holdings Limited, A Diversified Financial Services Group Involved In Banking, Insurance, Brokerage, Advisory And Asset Management. Following The Acquisition, The Bank Was Renamed FBC Bank Limited.

Ownership Structure

The Bank Is A 100% Subsidiary Of FBC Holdings Limited. As Of December 31, 2016, The List Of Investors In FBC Holdings Is Shown In The Table Below.

Branch Network

FBC Bank Has Branches In The Following Locations:

1. Headquarters - 45 Nelson Mandela Avenue, Harare
2. Samora Machel Avenue Branch - 76 Samora Machel Avenue, Harare
3. Nelson Mandela Avenue Branch - 34 Nelson Mandela Avenue, Belvedere, Harare
4. Msasa Branch - 104 Mutare Road, Msasa Industrial Area, Harare
5. FBC Private Bank Branch - 2 Lanark Road, Belgravia, Harare
6. Southerton Branch - 11 Highfields Junction Shops, Southerton, Harare
7. Bulawayo Branch - 108 Jason Moyo Avenue, Bulawayo
8. International Airport Branch - Harare International Airport
9. Mutare Branch - 50B Herbert Chitepo Street, Mutare
10. Zveshawane Branch - Robert Mugabe Way, Zvishavane
11. Kwekwe Branch - Robert Mugabe Way, Kwekwe
Li >
12. Beitbridge Branch - NSSA Complex, Beitbridge
13. Chitungwiza Branch - 197 Tilcor Township, Seke, Chitungwiza
14. Victoria Falls Branch - Shops 4 & 5 Galleria Complex, Victoria Falls
15. Bulawayo Private Bank Branch - 2nd Floor, FBC House, 108 Jason Moyo Avenue, Bulawayo
16. Graniteside Branch - 1 Crawford Graniteside Off Seke Road Harare Row Affiliate Name Asset Value Core Capital Notes 1FBC Bank Limited 558.10 Million USD 75.20 Million USD Commercial Bank 2FBC Building Society 1.299 $47.40 Million Million Building Society 3Microplan Financial Services Limited $19.8 Million $9.5 Million Microfinance Institution 4 FBC Securities Limited Brokerage Services 5 FBC Reinsurance Limited Reinsurance Total $712.40 Million 144.20 Million $ Excluder Ownership Percentage 1 Zimbabwe National Pension Scheme 35.132 Shorecap II Limited - NNR7.313Stanbic Nominee - NNR5.214Tirent Investments Private Limited (Tire Nt Investments Private Limited) 4.735Cashgrant Investments Private Limited (Cash Grant Investments Private Limited) 4.116 Local Authority Pension Fund 3.327Stanbic Nominees Private Limited (Stanbic Nominees Private Limited) 3.248 FBC Holdings Limited (FBC Holdings Limited) 3.179 Standard Chartered Nominee 1.7510Vidryl International Private Limited (Vidrile) International Private Limited) 1.7011 Others 30.33 Total 100.00