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FBC Holdings » Milestones » Milestones


FBC MILESTONES

Month/Year

Date

Milestones

August 2004

19

Delisting of SARE and First Banking Corporation on the Zimbabwe Stock Exchange

August 2004

26

Relisting of FBC on the Zimbabwe Stock Exchange

June 2005

23

Launch of FBC Corporate Identity

January 2005

 

Acquisition of Zimbabwe Building Society

November 2006

22

Won the Top Companies Survey  Best Turnaround Award(Sponsored by Fingaz and Premier Banking Corporation)

May 2007

31

Won two Quoted Company Survey 2007 Awards. 

  • Banking Sector Award, for being the best performing listed company in the banking sector
  • The overall best listed company award and trophy

FBC BANK MILESTONES

Month/Year

Date

Milestones

February 1997

 

Incorporation of company

August 1997

1

Commenced operations at Samora Machel Avenue Branch

September 1997

1

Commenced operations at Zvishavane Branch

October 1997

1

Commenced operations at Batanai Gardens Branch

January 1998

1

Commenced operations at Jason Moyo Street Branch

July 1998

1

Launch of Bancassurance

July 1998

20

Commenced operations at Mutare Branch

December 1998

29

Commenced operations at Chinhoyi Branch

March 2000

1

Commenced operations at FBC Private Bank - Harare

October 2000

1

Commenced operations at Nelson Mandela Avenue Branch

November 2000

17

Commenced operations at Kwekwe Branch

November 2000

12

Commenced operations at Victoria Falls Branch

March 2001

29

Signing ceremony between First Bank and PTC

June 2001

11

Listed on the Zimbabwe Stock Exchange

June 2001

29

Official Opening of Victoria Falls Branch

August 2001

1

Commenced operations at Southerton Branch

July 2003

14

Commenced operations at Airport Agency

July 2004

1

Flexcube started operating

July 2004

12

Commenced operations at Masvingo Branch

August 2004

19

Delisting of SARE and First Banking Corporation on the Zimbabwe Stock Exchange

August 2004

26

Relisting of FBC on the Zimbabwe Stock Exchange

November 2004

5

Commenced operations at FBC Private Bank – Bulawayo

February 2007

 

Celebrated 10th Anniversary

2007

 

Granted an  A3  Investor grade by an international credit rating agency

FBC RE MILESTONES

Month/Year

Date

Milestones

1994

 

Incorporation of company

1995

 

Commenced operations

1999

 

Listed on the Zimbabwe Stock Exchange

2000

 

Cyclone Eline disaster claims successfully settled

2001

 

Elephant Hills Hotel fire (largest local insurance loss) claim portion settled

2004

 

Merged with FBC Bank Limited under FBC Holdings Limited

2005

 

Celebrated 10th Anniversary

2005

 

Granted a BBB+ Investor grade by an international credit rating agency

2007

 

Granted an A- investor grade rating by an international rating agency

FBC SECURITIES MILESTONES

Year

Milestones

2005

Started stockbroking operations

FBC BULDING SOCIETY

Year

Milestones

1991

Incorporated as a Building Society

1992

Commenced operations

1996

Successfully completed:-

  • Nklumane housing project in Bulawayo (762 units)
  • Cherutombo housing project Marondera (660 units)
  • Mkoba 18 housing project (585 units)

1997

Successfully Completed:-

  • Groombridge low density housing project in Harare
  • Crowborough North high density hosing project in Harare (1148 units)
  • Cowdray Park housing project in Bulawayo (2000 units)
  • Ngezi  high density housing projects in Kadoma (902 units)
  • Dulivadzimu high density housing project in Beitbridge (364 units)
  • Chinotimba high density housing project in Victoria Falls (642 units)
  • Rujeko high  housing project Masvingo (25 units)
  • Chesvingo high density housing project (301 units)
  • Chivhu high density housing project (253 units)
  • Shungu high density housing project (130 units)
  • Hatcliffe high density housing project in Harare (184 units)

 

Funded the Highfield Co-operative housing project in Harare (240 units)

1999

Successfully completed :-

  •  Mbizo high density housing projects in Kwekwe
  •  Mkoba 19 high density housing projects in Gweru
  •  Chikanga  and Dangamvura high density housing projects in Mutare

 

2000

Successfully completed:-

  • Chimanimani high density housing project
  • Runyararo high density housing project in Masvingo

 

2001

Successfully completed:-

  • Munhumutapa high density housing project in Chegutu
  • Southdowns medium density housing project in Gweru
  • Gaza high density housing project in Chipinge
  • Murereka high density housing project in Chinhoyi
  • Kuwadzana 4 high density housing project in Harare

 

2002

Successfully completed :-

  • Runyararo South West high density housing project in Masvingo
  • Mkoba 20 high density housing project in Gweru
  • Vengere high density housing project in Rusape

b) Funded Kugarika Kushinga housing cooperative in New Mabvuku,
     Harare

c) Celebrated 10 years anniversary

2005

a) Incorporated into FBC Group and subsequently rebranded to
     FBC Building Society

b) Commenced:-

  • Glaudina medium density housing project in Harare
  •  Rusike high density housing project in Marondera

2005

Granted a BBB- Investor grade by an international credit rating agency

2006 Attained a BBB credit rating

 

FBC Bank Reinsurance Mortgages and Loans Stock Broking