Barclays Bank is notifying the public that they will be undergoing a name change effective from next Monday. Below is the press statement they released on the matter:
The Company held an Extraordinary General Meeting on 3 July 2018 at which meeting members unanimously resolved to approve the change of name of the Company from Barclays Bank of Zimbabwe Limited to First Capital Bank Limited.
Subsequently, the Registrar of Companies approved and registered the new name of the Company. The new name of the Company shall be effective from 8 October 2018 on the Zimbabwe Stock Exchange. Following the change of name, the abbreviated name of the Company shall be FCAZW.
Shareholders are advised that it shall not be mandatory to change share certficates, however shareholders who intend to change their share certificates should contact Corpserv Transfer Secretaries, 2nd Floor ZB Centre, Kwame Nkrumah Avenue, Harare.
By the order of the Board
5 October 2018
Earlier this year. Barclays Africa Group rebranded to Absa Group Limited. Last year Barclays had a 62% stake in Absa which they sold and now they are left with 15%.
Source – TechZim