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Botswana Savings Bank
Botswana Savings Bank BSB is a financial services organization in Botswana. It is licensed as a development bank by the Bank of Botswana, the national banking regulator. Overview BSB is a government-owned financial services organisation that mobilizes domestic savings by accepting customer deposits, grants loans on commercial terms and offers other financial services as it considers necessary to meet the needs of the people of Botswana. Established in 1992 by act of parliament, the bank offers savings accounts, mortgage loans, automobile loans and other secured loans to its customers. The Bank is a member of the World Savings Banks Institute. According to the Bank of Botswana, Botswana Savings Bank had an asset base of approximately US$73 million (BWP:480 million) as of December 2009. Branches The bank maintains two (2) branches; one in Gaborone and another in Francistown. In addition, BSB has a partnership agreement with BotswanaPost to offer banking services through over 120 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Owned Company
A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (economics), profit for the Government, government, control monopoly of the Private sector, private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of Profit (economics), financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gaborone
Gaborone ( , , ) is the capital and largest city of Botswana with a population of 246,325 based on the 2022 census, about 10% of the total population of Botswana. Its agglomeration is home to 421,907 inhabitants at the 2011 census. Gaborone is situated between Kgale Hill and Oodi Hill, near the confluence of the Notwane River and Segoditshane River in the south-eastern corner of Botswana, from the South African border. The city is served by the Sir Seretse Khama International Airport. It is an administrative district in its own right, but is the capital of the surrounding South-East District. Locals often refer to the city as ''GC or Motse-Mshate''. The city of Gaborone is named after Chief Gaborone of the Tlokwa tribe, who once controlled land nearby. Because it had no tribal affiliation and was close to fresh water, the city was planned to be the capital in the mid-1960s when the Bechuanaland Protectorate became an independent nation. The centre of the city is a lon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Botswana
Botswana (, ), officially the Republic of Botswana ( tn, Lefatshe la Botswana, label=Setswana, ), is a landlocked country in Southern Africa. Botswana is topographically flat, with approximately 70 percent of its territory being the Kalahari Desert. It is bordered by South Africa to the south and southeast, Namibia to the west and north, and Zimbabwe to the northeast. It is connected to Zambia across the short Zambezi River border by the Kazungula Bridge. A country of slightly over 2.3 million people, Botswana is one of the most sparsely populated countries in the world. About 11.6 percent of the population lives in the capital and largest city, Gaborone. Formerly one of the world's poorest countries—with a GDP per capita of about US$70 per year in the late 1960s—it has since transformed itself into an upper-middle-income country, with one of the world's fastest-growing economies. Modern-day humans first inhabited the country over 200,000 years ago. The Tswana ethnic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of Botswana
The Government of Botswana often abbreviated as GOB, is the union government created by the constitution of Botswana having the executive, parliament, and the judiciary. The Seat of the Government is located in Gaborone, Botswana. The government is led by the president (currently Mokgweetsi Masisi). Executive This section defines the executive branch including the President, Vice President, and Cabinet. The President The President is the chief executive of the state. The President is elected president by members of the National Assembly. These members state on the ballot who they would support for President if elected, and after election to the National Assembly vote for whomever they indicated they would elect as President. The President has the following requirements: (a) is a citizen of Botswana by birth or descent; (b) has attained the age of 30 years; and (c) is qualified to be elected as a Member of the National Assembly. The Presidents term is limited up to 10 years, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Financial Institutions
An international financial institution (IFI) is a financial institution that has been established (or chartered) by more than one country, and hence is subject to international law. Its owners or shareholders are generally national governments, although other international institutions and other organizations occasionally figure as shareholders. The most prominent IFIs are creations of multiple nations, although some bilateral financial institutions (created by two countries) exist and are technically IFIs. The best known IFIs were established after World War II to assist in the reconstruction of Europe and provide mechanisms for international cooperation in managing the global financial system. Types Multilateral Development Banks A multilateral development bank (MDB) is an institution, created by a group of countries, that provides financing and professional advice to enhance development. An MDB has many members, including developed donor countries and developing borrower cou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Botswana
The Bank of Botswana (BoB) is the central bank of Botswana. When Botswana gained independence from Britain in 1966, the country was part of the Rand Monetary Area (RMA). In 1974 Botswana withdrew from the RMA, and the Bank of Botswana and Financial Institution Acts established the legal framework for a central bank in Botswana to be established in July 1975, with Christopher H. L. Hermans as the first Governor. The pula was launched as a national currency in 1976, and in 1977 the Bank of Botswana became the government banker. The Bank manages Botswana's sovereign wealth fund, the Pula Fund. History Governors of the Bank of Botswana * July 1975 - 1978: Christopher H. L. Hermans * January 1978 - 1980: Brenton C. Leavitt * November 1980 - 1981: Festus Mogae * January 1981 - June 1987: Charles Nyonyintono Kikonyogo * July 1987 - 1997: Christopher H. L. Hermans * July 1997 - September 1999: Baledzi Gaolathe * October 1999 - 2016: Linah Mohohlo * 21 October 2016 – present: Mo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Savings Banks Institute
] The World Savings and Retail Banking Institute is an international banking association. It currently gathers 100 members in 80 countries throughout the world, comprising approximately 6760 savings and retail banks. At the start of 2018, total assets of WSBI members amounted to USD14,000 billion. WSBI was founded 1924 at the occasion of the First International Thrift Congress in Milan. Until the Second World War the headquarters of the International Savings Banks Institute remained in Milan. But since Milan had suffered from heavy bombings the Institute moved to Amsterdam in 1948. In 1963, WSBI's sister organization, the 'Savings Banks Group of the European Economic Community' was created to represent European Savings Banks from the merging European markets. This institution was renamed European Savings Banks Group in 1988 and was renamed to European Savings and Retail Banking Group in 2013 The International Savings Banks Institute was again relocated in 1969, this time to Geneva ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Francistown
Francistown is the second largest city in Botswana, with a population of about 103,417 and 147,122 inhabitants for its agglomeration at the 2022 census. and often described as the "''Capital of the North''" or as the natives would have it “''Turopo ya muka''” which is in the iKalanga language. It is located in eastern Botswana, about north-northeast from the capital, Gaborone. Francistown is located at the confluence of the Tati and Ntshe rivers, and near the Shashe River (tributary to the Limpopo) and 90 kilometres (55 miles) from the international border with Zimbabwe. Francistown was the centre of Southern Africa's first gold rush and is still surrounded by old and abandoned mines. The City of Francistown is an administrative district, separated from North-East District. It is administered by Francistown City Council.The main language spoken and used in and around Francistown is the Kalanga language. Other languages used in the area are isiNdebele, ChiShona as well a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BotswanaPost
BotswanaPost is the company responsible for postal service in Botswana. It is a parastatal company, 100% owned by the Government of Botswana, under the Ministry of Transport and Communications. History The postal service in Botswana dates back to 1875, when the London Missionary Society established the serve. Back then, pairs of "runners" carried mail between two points on a stretch from Bulawayo in present-day Zimbabwe, to Mafikeng, in present-day South Africa. Later, after the railway had been built, the train replaced the runners on foot. In the late 1990s the Botswana postal department acquired its own fleet of vehicles to carry mail and parcels. The postal department that the missionaries established in the late 19th century evolved into the Bechuanaland Protectorate Postal Services. At Botswana's independence in 1966, it was rebranded into the Department of Posts and Telegraphs. At that time the services offered included the Post Office Savings Bank. In 1980, the Botswa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks In Africa
This is a list of banks in Africa, arranged by country. Algeria Central bank * Bank of Algeria Commercial public banks * Algérie Poste * Banque Capitale Du Benin Commercial private banks * Arab Bank * Arab Banking Corporation * Banque Capitale Du Benin * BNP Paribas * Calyon * Citibank * HSBC * Natixis * Société Générale Angola Central bank * Central Bank of Angola Commercial banks and other financial institutions * Banco Africano de Investimentos * Banco de Desenvolvimento de Angola * Banco de Poupança e Crédito * Banco do Brasil * Banco do Comércio e Indústria * Banco Espírito Santo Angola Benin Central bank * Central Bank of West African States Banks and other financial institutions * African Investment Bank * Bank of Africa Bénin * Banque Atlantique * Banque Internationale du Bénin * Banque Sahélo-Saharienne pour l'Investissement et le Commerce * BGFIBank Group * Diamond Bank * Ecobank * Financial Bank Bénin * Société Générale * United Bank f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks In Botswana ...
This is a list of commercial banks in Botswana # Absa Bank Botswana # Access Bank Botswana # Bank Gaborone Limited # Bank of Baroda (Botswana) Limited # First Capital Bank Limited # First National Bank of Botswana Limited # Stanbic Bank Botswana Limited # Standard Chartered Bank Botswana Limited External links Directory of Financial Institutions As At December 2020 See also * List of banks in Africa * Economy of Botswana References {{Economy of Botswana Banks Botswana Botswana Botswana (, ), officially the Republic of Botswana ( tn, Lefatshe la Botswana, label=Setswana, ), is a landlocked country in Southern Africa. Botswana is topographically flat, with approximately 70 percent of its territory being the Kalahar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
_Botswana_History.jpg "Click for more on -> Bank Of Botswana")
