The Board of Directors at FMBcapital Holdings (FMBCH) has announced the appointment of Mr. Jaco Viljoen as Group Managing Director for FMBcapital Holdings
FMB Capital Group Posts US$22,5m Profit - NewZimbabwe com newzimbabwe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newzimbabwe.com Daily Mail and Mail on Sunday newspapers.
FMB Capital Holdings remains profitable; posts impressive half-year results nyasatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nyasatimes.com Daily Mail and Mail on Sunday newspapers.
FMB Capital Holdings Plc (FMBCH), the holding company for First Capital Bank operations in Africa has posted an after-tax profit of US$ 21.3 million for the year ending December 2020 coming from a loss of US$18.6 million in the previous year.
The Group’s subsidiary banks located in Botswana, Malawi, Mozambique, Zambia, and Zimbabwe had a successful year with impressive organic growth due to the Group’s business model, which is built for strong and sustainable performance, said the group in a statement.
Gursahani-We are making good strategic progress
The group said its combined Net Profit before Tax for the 2020 full year grew to US$35,5 million before tax.