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Corporate Governance

Prudential Regulation

First Capital Bank is licensed under The Banking Law, Banking Regulations Prudential Guidance of Banco de Moçambique to carry out commercial activity.

Corporate Governance

Adequate and efficient communication and monitoring systems are in place to ensure that the Directors receive all relevant, accurate information to guide them in making strategic decisions, providing effective leadership, control and strategic direction over the bank’s operations, and in ensuring that the bank fully complies with relevant legal, ethical and regulatory requirements. The Bank has a unitary Board of Directors comprising an executive director and eight non-executive directors, including the chairman of the Board of Directors and four non-executive independent directors. The Board meets four times a year.