FBC Bank Limited

Head Office
6th Floor, FBC Centre
45 Nelson Mandela Avenue
P. O. Box 1227
Harare,
Zimbabwe
Telephone: 761300/1; 783203-6; 797759
Fax: 780848
Telex:

FBC BUILDING SOCIETY

Head Office
6th Floor, FBC Centre
45 Nelson Mandela Avenue
P. O. Box 1227
Harare,
Zimbabwe
Telephone: 756811-5
Fax: 780848
Telex:

Website: www.fbc.co.zw

Postal Address
P. O. Box 1227
Harare,
Zimbabwe

Type of bank: Building Society

Date of establishment: 1992

History

The building society was initially incorporated in Zimbabwe in 1992 as Zimbabwe Building Society (“ZBS”).The institution changed its name in June 2005 to FBC Building Society following the acquisition of a 60% stake by FBC Holdings Ltd (“FBC”) and 40% by National Social Security Authority (NSSA) in ZBS.

Ownership: 100% owned by FBC Holdings Limited

Chairman: B. Kumalo

Chief Executive Officer: F. Gwandekwane

Auditors : Deloittee & Touch Chartered Accountants

Number of employees: 82

Number of branches : 6

First Capital Bank Limited (formerly Barclays Bank of Zimbabwe Limited)

Head Office

1st Street/Jason Moyo Avenue,
Harare,
Zimbabwe
Telephone: +263 - 4- 758280 - 99 or 758324-8
Fax: +263 - 4- 752913
Telex: 26434, 26057 ZW

Website: zw.barclays.com

Postal Address:

P.O.Box 1279,
Harare,
Zimbabwe

Type of bank: Commercial Bank

Date of establishment: 1912

History

• 1912; Opened first branch after Bank of Africa was acquired by National bank of South Africa and effectively became Barclays Bank controlled from South Africa.
• 1928; as the business grew, the first Barclays Committee was established, responsible for local controls based in Bulawayo. 10 branches were opened by that time.
• 1956; Barclays was the first bank to introduce computers making banking service delivery increasingly efficient. During that time Barclays was implementing a comprehensive training programme running between 1951-1958.
• 1960; Barclays was the first to introduce the first night safe  and safe deposit facility featured on its newly established 8-storey head office in Harare built out of diamante  sandstone on a black granite plinth and designed by Francis Lorne.
• 1987; the first country branch was established in Gokwe officially opened by the then Deputy Prime Minister who praised Barclays for heeding the government’s call to bring banking to rural people.
• 1991; Barclays was the first financial institution to offer 30% of its shares to the public in an effort to encourage Zimbabwe to become first time investors. The issue was oversubscribed five-fold and caused a record rise in stock market prices.
• 1993; Barclays was one of the only two banks to have installed ATMs to improve service delivery and by 1993 Barclays had 50 ATMs.
• 2008-2012; Barclays rationalised its support structures and foot print in line with business levels obtaining which resulted in reduction in fulltime employees from a peak of 1,423 in January 2008 to around 700 currently.

Ownership: Barclays Bank of Zimbabwe Limited is a subsidiary of Barclays Bank plc, which is

the majority shareholder of the bank. It is locally registered and is a publicly quoted company with the investing public holding 32.04% shares. Major

shareholders in the bank AS AT 30 JUNE 2014 are:

• Afcarme Zimbabwe Holding PL 67.68%
• Old Mutual Life Assurance LTD 4.50%
• STANDARD CHARTERED NOMINEES (PVT) LTD –NNR 3.03%
• FED NOMINEES (PVT) LTD 2.42%

Chairman: Sydney Mtsambiwa

Chief Executive Officer: Samuel Matsekete

Auditors : KPMG Chartered Accountants

Number of employees: 711

Number of branches : 31

Infrastructure Development Bank of Zimbabwe (IDBZ)

Head Office
IDBZ House,
99 Rotten Row,
Kopje,
Harare,
Zimbabwe
Telephone: (263-4) 750171-8
Fax: (263-4) 749012,