FBC in capital rationalization

0
55

FBC HOLDINGS Limited (FBC) has begun the process of rationalising capital levels across all its operating units albeit within regulatory capital thresholds as it seeks to efficiently invest funds to more profitable units.

FBC’s portfolio extends to banking, insurance and real estate sectors. The banking units meet regulatory requirements.

The group recently acquired Standard Chartered in a US$26,7 million deal which has since been renamed FBC Crown Bank.

LEAVE A REPLY

Please enter your comment!
Please enter your name here