FBC Unites Forces: Bank and Building Society Merge for a Stronger Future

FBC Holdings Limited has announced the merger of its subsidiaries, FBC Bank Limited and FBC Building Society, effective December 30, 2025. The Minister of Finance, Economic Development and Investment Promotion has approved the consolidation, following a joint application by the two institutions.

The merger aims to enhance operational efficiency, streamline regulatory compliance, and strengthen the Group’s strategic positioning in the financial services sector. FBC Building Society will transfer its banking business assets and liabilities to FBC Bank Limited, while its property portfolio will be transferred to FBC Properties (Private) Limited.

The integration process is underway, with regulatory authorities overseeing a smooth transition for customers, employees, and stakeholders. The merger will not alter the shareholding structure of FBC Holdings Limited or introduce new risks, and is expected to improve the Group’s overall performance.

FBC Holdings Limited will provide updates as the implementation progresses, and shareholders can contact the Company Secretary’s office for queries.

John Tanyanyiwa

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