CONCILIA MUPEZENI
FBC Holdings Limited (FBC) is positioning itself for further expansion as the diversified financial services group edges closer to the US$1 billion asset mark.
Total assets increased 20% to US$837,48 million for the year ended December 31, 2025, from US$697,48 million in the prior year. The growth was driven largely by a 65% rise in customer deposits and a 21% increase in loans and advances.
Loans and advances grew to US$410,83 million from US$338,47 million, reflecting increased lending.
In its 2025 annual report, FBC said its financial position remained strong and provided a solid foundation for future growth.
“The group and company’s forecasts and projections, taking into account reasonably possible changes in trading environment and performance, show that the group and company should be able to operate within the level of its current financing,” the group said.
“After a detailed assessment, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future.
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“Loans and advances increased by 21%, reflecting targeted growth in the lending book aligned with productive sectors of the economy. The balance sheet remained liquid, with cash and bank balances increasing by 20% to US$208,3 million, positioning the group to support business growth and meet customer funding requirements.”
The stronger balance sheet translated into improved profitability, with profit after tax rising 69% to US$30,4 million. Shareholders’ funds increased 19% to US$156,7 million.
Investor confidence also improved during the period, with FBC’s share price gaining 14,75% to US$0,48, lifting market capitalisation to US$320 million from US$280 million.
FBC said trading performance remained in line with budget as at the end of February 2026, while liquidity remained sufficient to support operations and growth plans.
Cash and bank balances rose 20% to US$208,3 million, reinforcing the group’s funding base for future lending and investment opportunities.
FBC chief executive officer Trynos Kufazvinei said the group’s balance sheet continued to strengthen.
“The group’s statement of financial position continues to improve, with total assets rising 20% to US$837,5 million, driven by a 65% increase in deposits to US$486,2 million,” Kufazvinei said.
Looking ahead, he said FBC would focus on resource mobilisation, balance sheet optimisation and lending to high-impact sectors.
