FIRST Capital Bank (FCB) is taking a significant step towards financial inclusion with the launch of low-cost, nofrills US dollar accounts.
This move comes against the backdrop of Zimbabwe’s banking sector actively targeting the unbanked population through accessible services and digital solutions.
FCB’s new offerings include individual savings, group savings, and sole trader US dollar accounts. Notably, their ‘nostro group savings account’ caters specifically to groups with shared goals, such as burial societies, sports teams, and stokvels.