FBC delivered a strong performance for the nine months ended September 30, 2025, with Profit Before Tax rising to ZWG$692.6 million, driven by solid growth in lending, payments, and transaction services.
Total income increased to ZWG$2.8 billion, up from ZWG$2.6 billion during the same period last year. Net interest income reached ZWG$1.1 billion, while non-funded income—mainly fees, commissions, insurance service income, and processing fees—contributed ZWG$1.7 billion, accounting for 61 percent of total revenue.
The Group further strengthened its financial position, with total assets jumping to ZWG$23.6 billion, compared to ZWG$13.3 billion recorded in the prior year. Customer deposits and lines of credit rose to ZWG$15.7 billion, while loans and advances closed at ZWG$10.5 billion, reflecting strong credit demand and improved liquidity across key portfolios.
Management noted that the performance comes at a time when the economy is showing improved stability. Zimbabwe recorded GDP growth of 6.6 percent, supported by robust agricultural and mining output, while export receipts reached US$3.0 billion in the first nine months of the year.
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FBC is also moving forward with a restructuring plan that will see FBC Building Society’s banking operations merged into FBC Bank Limited. The proposal, announced on October 17, 2025, is currently under regulatory review.
“The merger is expected to improve capital strength, streamline operations, and enhance overall performance,” said Tichaona Mabeza, the Group Company Secretary.
Looking ahead, the group said business prospects for 2025 and 2026 remain positive, underpinned by policy stability and improving investor confidence. However, it warned that risks associated with global commodity price volatility and climate change remain significant.
FBC added that it will continue prioritising high-potential sectors of the economy as Zimbabwe prepares for the planned transition to a mono-currency system by the end of 2025.
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