Fee-based income drives FBC revenue

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FBC Holdings (FBC) posted a total income of ZiG578 million during the first quarter ended March 31, 2025 driven by its strategic focus on fee and commission-based income to hedge against a volatile ZiG currency.

Although interest-based income from lending activities has historically supported banks’ fundamental business model, local currency fluctuations and comparatively high interest rates have forced banks to concentrate more on transactional fees.

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