Mishma Chakanyuka, Staff Writer 
FIRST Capital Bank (First Capital) loans to customers grew 11,2 percent in the six months ended June 3, 2024 to ZWG1,3 billion (US$94,7 million) from ZWG1,2 billion (US$86,1 million) recorded on December 31, 2023 as the financial institution capitalised on credit demand in the economy.
Early this year, First Capital Bank secured an additional US$20 million line of credit from the African Export-Import Bank (Afreximbank).
This facility has been supporting foreign currency generating businesses with a focus on small to medium enterprises and midcap companies in Zimbabwe.
The African Development Bank (AfDB) also approved a combined US$15 million trade finance package, comprising a US$7,5 million trade finance transaction guarantee and a US$7,5 million trade finance line of credit.
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