FBC completed the acquisition of the Zimbabwean business from Standard Chartered.

FBC, a financial services group, completed the acquisition of the Zimbabwean business from Standard Chartered, a diversified financial services provider. Financial terms were not disclosed. "This acquisition goes beyond geographic expansion. We are creating a financial powerhouse that caters for the evolving needs of Zimbabwe's dynamic economy. The combined product and service offerings will allow us to serve a wider range of customers, leveraging the strengths of both institutions to deliver exceptional value to our stakeholders," Trynos Kufazvinei, FBCH CEO.