Home Business First Capital Bank Zim Launches Two Products.

First Capital Bank Zim Launches Two Products.


First Capital Bank Zimbabwe launched two new products and services for customers and the general public on the back of a successful migration of their banking systems.

The bank has partnered with Money Transfer agents RIA Financial Services, the third largest remittance company in the world and have also re-launched an enhanced funeral insurance product, Gadziriro underwritten by Zimnat Insurance.

Speaking during the launch of Ria Money Transfer Services, First Capital Bank Managing Director, Ciaran McSharry said the development will allow account holders to convert and transact using their Bank accounts with ease.

“We are proud of the collective efforts from both First Capital Bank and Ria teams that have worked hard to deliver this exciting service.

” Our belief is that the Ria partnership comes at an opportune time where customer convenience and transactional flexibility is a key pillar of our service promise.

” It brings a unique competitive edge in key markets such as UK, USA, South Africa, among others,” he said.

He added that under the partnership ,all charges are borne by the remitter allowing the beneficiary to collect funds at no cost.

“In a further bid to provide relevant insurance coverage within a fluid economy, First Capital Bank has augmented efforts and launched a funeral product named ‘Gadziriro/Lungiselelo’ Funeral Plan in partnership with Zimnat, a member of Sanlam group.

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“This progressive move provides favourable terms during crucial times of bereavement and is set to curb the product against inflation and protect the customer investment in the long-term whilst remaining cost effective.

“Our aim is to not only meet our customers needs but exceed them at critical moments in life where our assistance through our product suite is integral and life changing’.

“These developments highlight First Capital Bank’s proactive nature and readiness to innovate. Being part of a regional Bank with a proud heritage, our aim is to continuously innovate service delivery to provide relevant solutions that impact our customers in a worthwhile manner.

“First Capital Bank continues to offer a comprehensive range of corporate, commercial and retail banking services to its customers and is dedicated to a future of service excellence,” he said.

Ria is a wholly owned subsidiary of Euronet Worldwide Inc, offering services in 160 countries through a network of over 385 000 locations.

First Capital Bank Zimbabwe is a part of FMBcapital Holdings PLC, which has banking operations in Botswana, Malawi, Mozambique, Zambia and Zimbabwe.

First Capital Bank offers a comprehensive range of corporate, commercial and retail banking services.