FBC Holdings (FBC) this week said its income grew by 14 percent to $8,1 billion during the year ended December 31, 2020, driven by currency revaluations and a growth in lending.
Despite what the financial services group’s chairman, Herbert Nkala, described as a challenging year, it managed to post a profit of $1,5 billion, compared to a loss of $1,6 billion in 2019.
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Herbert Nkala, FBC’s board chairman
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