FMBcapital Holdings Plc (FMBCH), the financial services group operating as First Capital Bank in Botswana, Malawi, Mozambique, Zambia, and Zimbabwe, has announced strong financial results for the six months ended 30 June 2025, underscoring three decades of people-driven growth.
The Group reported a 38% increase in total operating income to USD 176 million, while customer deposits grew 40% to surpass USD 1.7 billion. Loans and advances to customers increased by 19%, closing at USD 866 million, demonstrating continued growth in the Group’s asset base alongside disciplined risk management.
“Our performance this half-year is a testament to the strength of our people and the culture we’ve built over three decades,” said Jaco Viljoen, CEO of FMBcapital Holdings. “We’ve consistently invested in leadership, technical capability and a values-led culture that empowers our teams to deliver with purpose.”
With over 2,000 employees across its subsidiaries, FMBCH has continued to invest in internal promotions, emerging leaders, and graduate trainee programmes. The Group’s First
Connect Learning Academy provides digital learning, technical training and leadership development, equipping employees to thrive in a rapidly evolving banking environment.
At First Capital Bank Botswana, Acting CEO Lebogang Seleke highlighted the dedication of staff in driving performance:
“We are proud of how our teams have continued to deliver with excellence, even in uncertain times. The strength of our people is what sets us apart, and we remain committed to creating a work environment where our staff can thrive and grow.”
First Capital Bank has also earned industry recognition, winning Best Commercial Bank 2025 at the Business Pinnacle Awards, and being named Best Corporate Bank Botswana and Best Banking Brand Botswana at the Finance Derivative Awards 2025.
As it marks 30 years of operations, FMBcapital Holdings says it remains focused on sustainable growth, operational resilience, and strengthening its people-first strategy across all markets.
