In October 2017 FMBcapital Group acquired a 62% shareholding in Barclays, Zimbabwe. Now trading as First Capital Bank in association with Barclays, the bank is one of the leading banks in Zimbabwe and has operated in the country since 1912 and is listed on the Zimbabwe Stock Exchange. The bank’s head office is in Harare, the capital city of Zimbabwe. The bank has a major commercial banking network throughout the country with 38 branches in all large commercial centres. First Capital Bank currently has the largest ATM network in Zimbabwe with 48 ATMs spread across the country. The bank employs 633 permanent staff members.