FBC Bank
| Public Company : FBCH |
|
| Industry | Financial Services |
| Founded | 1997 |
| Headquarters | Harare, Zimbabwe |
|
Key people
|
Livingstone Gwata Group Chief Executive John Mushayavanhu Managing Director |
| Products | Loans, Savings, Investments, Debit Cards, Credit Cards, Mortgages |
| Revenue |
 :Aftertax:US$8.3 million (H1:2013) |
| Total assets | US$451 million (H1:2013) |
| Website | Homepage |
FBC Bank, whose full name is FBC Bank Limited, is a commercial bank in Zimbabwe. It is one of the commercial banks licensed by the Reserve Bank of Zimbabwe, the national banking regulator.
As of June 2013[update], FBC Bank was a medium-sized banking institution, whose total asset valuation was estimated at US$451 million. Following the merger of the bank with FBC Building Society, a year earlier, the bank's shareholders' equity was valued at US$46 million. The bank was established in 1997.
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 , under the symbol: FBCH. In May 2010, FBC Holdings Limited made a rights issue stock offering for US$8 million which was 66% subscribed, raising US$5.28 million used to capitalize subsidiaries. The holding company owns the following subsidiaries:
In August 2012, the bank announced the merger of FBC Bank with FBC Building Society to meet new capital requirements by the Reserve Bank of Zimbabwe.
FBC Bank maintains branches at the following locations:
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