First Capital Bank has released its trading update for the third quarter ended 30 September 2025, highlighting solid operational performance and a strengthened financial position despite ongoing currency volatility and inflationary pressure.
The bank says it remained resilient in what it described as “an environment marked by currency volatility and inflationary pressures,” maintaining a strong focus on stability and value protection.
“Value preservation remained a core focus area for quarter 3, supported by enhanced digital capabilities, expansion in trade proposition and improvement in customer service,” the bank said.
Management attributed its improved performance to “prudent cost containment and revenue growth,” noting that both the US dollar and ZiG portfolios were profitable during the period.
Digital transformation remained central to its strategy.
“Digital transformation remains a key priority with a focus on enhancing the customer experience, efficiency and security,” the update stated.
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The third quarter saw growth across key balance-sheet metrics.
“Deposits increased by 16% from the prior quarter, while loans and advances grew by 12%,” the bank reported.
First Capital Bank also maintained tight credit risk management, keeping non-performing loans in the “low single digits.”
The institution highlighted a strong foreign currency position, stating:
“The bank maintained a comfortable foreign currency cover, ensuring that all foreign payments were processed without delay.”
First Capital Bank says it will continue supporting economic recovery efforts and prioritising value for customers and stakeholders.
“First Capital Bank remains focused on delivering growth and supporting customers as Zimbabwe moves into the final quarter of 2025,” the update concluded.
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