Tag Archives: First Capital Bank (FCB) plc

Business

FCB plc backs Malawi’s mining investment push at African Mining Indaba

MaraviPost

BLANTYRE-(MaraviPost)-First Capital Bank (FCB) Plc, through its regional holding company FMB Capital Holdings, has partnered with the Government of Malawi to support the country’s participation at the African Mining Indaba 2026, in efforts to promote mining investment and strengthen investor engagement.

The African Mining Indaba, one of Africa’s premier mining investment forums, will take place in Cape Town, South Africa, from February 9 to 12, 2026, bringing together governments, investors, financiers, policymakers, and mining companies from across the continent and beyond.

The 2026 Indaba is themed ‘Stronger Together: Progress through Partnerships’ a focus that aligns with First Capital Bank’s regional strategy of promoting investment-led growth through collaboration.

In a statement released on Thursday, FCB Head of Marketing and Communications Twikale Chirwa said the African Mining Indaba is one of the largest annual gatherings of mining investors, financiers, policymakers, and operators on the continent, making it a key platform for advancing investment-led growth.

“With mining expertise across five countries Malawi, Mozambique, Zambia, Botswana, and Zimbabwe, the Indaba provides an opportunity for First Capital Bank to propel investment-led growth by offering tailored financial services for the mining industry in Malawi and for investors across the region,” said Chirwa.

Chirwa added that the platform also provides an opportunity to position Malawi as an emerging mining destination among regional and international investors.

“First Capital Bank and FMB Capital Holdings remain steadfast in supporting Malawi’s economic diversification and growth agenda as a strategic financial partner in the mining sector,” said Chirwa.

On the government side, Ministry of Energy and Mining, Public Relations Officer Tiyanjane Nandie Mambucha said the African Mining Indaba is one of Africa’s leading platforms for mining investment dialogue, bringing together governments, investors, financiers, and mining companies from across the continent and beyond.

“Malawi’s participation will focus on showcasing the country’s mineral potential, ongoing sector reforms, and investment opportunities within the mining industry.”

“The Ministry of Energy and Mining views the Indaba as a strategic opportunity for Malawi to engage potential investors and position the country as an emerging destination for responsible and sustainable mining investment. The mining sector remains a key pillar of Malawi’s economic diversification and growth agenda,” said Mambucha.

She added that First Capital Bank, through FMB Capital Holdings, is partnering with the Ministry of Mining to support Malawi’s participation at the Indaba.

The Bank’s support includes establishing the Malawi Pavilion and facilitating stakeholder engagement activities during the event.

“The partnership between the Ministry of Mining and First Capital Bank reflects a shared commitment to enabling investment-led growth through strong public-private sector collaboration, particularly in the mining and extractive industries.”

“During the Indaba, the Malawi delegation will engage with investors, mining companies, and development partners to explore opportunities across the mining value chain, including mineral exploration, project development, financing, and value addition,” said Mambucha.

She added that Malawi’s participation at the African Mining Indaba 2026 underscores the Government’s commitment to attracting responsible investment and strengthening partnerships that support sustainable development and long-term economic growth.

Business

FCB distributes maize to support hunger relief in Chiradzulu 

MaraviPost

BLANTYRE-(MaraviPost)-First Capital Bank (FCB) plc has donated maize worth MK210 million to Chiradzulu District through the Department of Disaster Management Affairs (DoDMA) to assist households affected by hunger due to poor crop production and climatic shocks.

The donation comprises 190 metric tonnes of maize, equivalent to 3,888 bags, which will be distributed to vulnerable households under DoDMA’s national food insecurity response programme across the country.

Speaking during the event marking the official start of the distribution exercise on Saturday at the Chiradzulu Business Development Centre under Traditional Authority Nkalo, FCB’s Head of Legal and Company Secretary, Remmie Ng’omba, said the bank prioritizes people.

“Today we have made this donation because we believe that the bank exists for the people. We have strong ties with the community. When government raised an alarm on hunger, we felt it was wise to be the first bank to contribute towards helping those who are suffering,” said Ng’omba.

He added that the bank channelled the support through DoDMA to ensure that assistance reaches the most deserving Malawians.

Receiving the donation, DoDMA Deputy Director for Disaster Response, Fyawupi Mwafongo, expressed gratitude, noting that the support will strengthen the ongoing food insecurity response.

“As DoDMA, we are very happy to receive this donation. Due to climatic shocks and other factors, the country experienced poor crop production during the 2024–2025 season,” said Mwafongo.

He highlighted that the Malawi Vulnerability Assessment Committee report indicates that about four million Malawians are at risk of food insecurity, prompting government to develop a national response plan estimated at K209 billion.

Regarding distribution, Mwafongo explained that FCB procured 3,888 bags of maize, which began being distributed last week.

He added that Chiradzulu requires food assistance for the next four months — December, January, February, and March — and government will continue distributing food with support from partners.

Chiradzulu District Council Chairperson, Alick Naphiyo, urged beneficiaries to use the maize responsibly and not sell it.

“We encourage households to prioritize this relief for consumption. It is meant to sustain families through the hunger period,” he said.

One beneficiary , Titani Nyalungwe, expressed gratitude for the donation, saying it will help families survive the hunger period.

“This maize has arrived at the right time. Many of us had nothing at home, and we are truly grateful,” she said.

Business

FCB plc donates MK70 million to Beit-Cure fundraising drive

MaraviPost

BLANTYRE-(MaraviPost)-First Capital Bank (FCB) plc has supported the Beit-Cure Children’s Hospital’s fundraising initiative by donating MK70 million.

Beit-Cure organised a fundraising dinner at Amaryllis Hotel in Blantyre on Saturday under the theme ‘Healing Journeys: Bringing the gap of hope’, where FCB plc made the donation.

Speaking during the ceremony, FCB’s Head of Marketing and Communications, Twikale Chirwa said it is the Bank’s duty to complement government efforts in providing world-class health services free of charge. 

“True development is measured not only by economic growth, but by how much we care for the most vulnerable among us.

“Our commitment to this noble cause reflects the core values that define our Bank and our dedication making a meaningful impact in the communities we serve,” said Chirwa. 

He emphasised that health remains a key focus area of the Bank’s Corporate Social Responsibility (CSR) initiatives, and commended Beit-Cure for performing over 30,000 surgeries, transforming the lives of many children across Malawi.

“Beit-Cure’s work continues to touch the lives of children across Malawi, offering them not just medical care, but the gift of mobility, confidence and renewed hope. That is something truly priceless,” said Chirwa.

In addition to FCB’s contribution, Rasik Kantaria, a partner of FCB, together with the Bank’s founder Hitesh Anadkat and his wife Meeta Anadkat, donated an additional K80 million towards the cause.

In her remarks, Beit-Cure’s Executive Director Rhoda Jura Kriek, commended FCB plc for the donation.

She raised concerns about the challenges vulnerable children face in communities, including stigmatisation and fear.

Kriek reiterated the hospital’s commitment to providing free treatment to children with treatable disabilities. 

“Our mission is simple yet profound, to heal the sick. Our surgeons and medical team restore the gift of mobility through free orthopaedic and plastic surgeries,” said Kriek.

The event was presided over by the country’s Vice President, Jane Ansah, SC, JA (Retired), who emphasised the importance of supporting Beit-Cure’s mission and called on stakeholders to continue giving.

“This is a direct call to us, to give. We are not just fundraising for a single surgery; we are funding for a complete transformative journey. Let us commit to this cause to ensure that no child is turned away because of lack of money,” said Ansah.

She commended the Beit-Cure team for their tireless efforts in improving the lives of children across Malawi

The goal of the fundraising dinner was to raise K310 million to transform the lives of 206 children and at the event, the hospital raised K275 million, leaving a shortfall of K32 million to reach its target.

FCB has partnered with Beit-Cure for over two decades, supporting its mission since establishment.

Business, Sports

FCB plc give Silver Strikers MK19 million for FCB 30th Anniversary win

MaraviPost

BLANTYRE-(MaraviPost)-First Capital Bank (FCB) plc has handed over a MK19 million cheque to Silver Strikers following their 2-0 victory against FCB Nyasa Big Bullets in the Bank’s 30th anniversary celebration on June 29.

FCB’s chairman, Hitesh Anadkat, who graced the celebrations promised to spoil the champions with K1 million cash to the players and technical panel on the bench on the day.

Presenting a cheque covering 17 players and two technical members, FCB Head of Marketing Twikale Chirwa said the Bank was compelled to fulfil its promise after the two teams added colour to anniversary celebrations.

Chirwa added that the FCB plc is committed to developing football in Malawi, promising that the bank will continue supporting sports in the country.

“The teams put on a great performance in the match organised by FCB plc. Going forward, whenever we have milestones to celebrate, we will continue to include football matches as they not only motivate players but also contribute to the development of football in the country,” he said.

Silver Strikers FC Head Coach, Peter Mgangira, received the cheque on behalf of the players and extended his gratitude to FCB plc for hosting a wonderful match.

Mgangira said the prize money will inspire the players to work extra hard.

“We are very happy and grateful to the Bank. This support means a lot to us, and we hope it is just the beginning. These games give opportunities to our young and new players to showcase their skills, and this money will inspire them to aim even higher in the future,” said Mgangira.

Binwell Katinji and Innocent Shema scored the decisive goals that sealed the win for Silver Strikers.

Business, Sports

FCB unveils Maule Visa Debit Card for football fans

MaraviPost

BLANTYRE-(MaraviPost)-First Capital Bank (FCB) plc has launched a three-year limited-edition Maule Visa Debit Card, designed to enhance the banking experience while strengthening the bond between the Bank and football lovers in the country.

The launch, which began with a parade from the Kamuzu upper stadium to FCB Livingstone Towers in Blantyre on Saturday is known as the first of its kind for a bank to introduce a sports card in the country.

Speaking during the launch, FCB Head of Marketing and Communications, Twikale Chirwa, said the card comes with exclusive benefits for football supporters, especially during FCB Nyasa Big Bullets matches.

“This debit card is more than just a payment tool. Customers can purchase VIP tickets at a 50% discount when they use FCB Point-of-Sale (POS) machines.

“Beyond that, it serves as an identity card for passionate fans of FCB Nyasa Big Bullets,” said Chirwa.

He further explained that frequent use of the card will be rewarded with prizes.


“Customers who use the card more than ten times a month will qualify for various rewards, including hospitality packages. One lucky cardholder will win a fully sponsored trip to Lilongwe to watch a Maule game, complete with accommodation and transport,” he added.

Nyasa Big Bullets Chief Executive Officer, Albert Chigoga, hailed the initiative, describing it as a milestone that recognizes and empowers the team’s supporters.

“It is very encouraging to see a bank that thinks about its customers. Our supporters are excited about this customized Maule card which will not only identify them as fans but also enhance their banking experience. We believe supporters will embrace and utilize it,” said Chigoga.

Among its other benefits, includes two signed player shirts per month, free food and drinks at selected matches, and meet-and-greet moments with FCB Nyasa Big Bullets players.

Business

FCB plc supports Beit CURE Charity Golf Tourney with MK20 Million

MaraviPost

BLANTYRE-(MaraviPost)-First Capital Bank (FCB) plc has boosted Beit CURE Children’s Hospital’s fundraising drive with a K20 million donation towards a Charity Golf Tournament set for September 6, 2025 at Country Club Limbe in Blantyre.

The tournament seeks to raise funds for surgeries for children with treatable disabilities.

Speaking during the cheque handover in Blantyre on Tuesday, FCB plc Head of Corporate and Institutional Banking, Nagesh Shrivastava, said the Bank is proud to be associated with the hospital’s mission.

“CURE is engaged in a very noble cause — treating not just the children but also bringing hope to their families and ultimately shaping the future of Malawi. This year alone, CURE has managed to treat 2,500 children, which is a significant contribution to our country.”

“And looking ahead, they plan to increase that number to 2,900 children next year. For us at First Capital Bank, it gives us a true sense of purpose to be associated with such a noble cause. Supporting initiatives like this aligns strongly with one of the key pillars of our CSR programme,” said Shrivastava.

Beit CURE Children’s Hospital Executive Director, Rhoda Kriek, applauded the donation, describing FCB as a long-term partner in transforming lives.

“First Capital Bank has been a loyal partner of ours for many years, consistently donating towards the cause of supporting surgeries for children with treatable disabilities. Last year, when we communicated our plans to ramp up the number of surgeries and reach more children in Malawi, they boldly stepped in to sponsor a golf tournament. This initiative is not only raising awareness but also mobilising even more funds to support life-changing surgeries for children with disabilities,” said Kriek.

The tournament is expected to bring together corporate partners and individual golfers to ‘play for a cause’.