List Of Banks In Botswana
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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 ...
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Bank
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 ...
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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 ...
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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 ...
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Absa Bank Botswana
Absa Bank Botswana (officially Absa Bank Botswana Limited), formerly known as Barclays Bank of Botswana Limited, is a commercial bank in Botswana, licensed by the Bank of Botswana, the country's central bank and national banking regulator. Location The headquarters of the bank are located at the 5th Floor, Building 4 Plaza, Plot 74358, in the central business district of Gaborone, the capital and largest city in Botswana. Overview Absa Bank Botswana is a large financial services company, serving corporate clients, high networth individuals, retail customers and small and medium enterprises. As of June 2019, the bank had assets of BWP:17,963,238,000 (US$1.609 billion), with shareholders' equity of BWP:2,103,780,000 (US$188.438 million). This bank is a subsidiary of Absa Group Limited, a financial services conglomerate, headquartered in South Africa, with subsidiaries in 12 African countries and with assets in excess of US$87 billion as of 30 June 2017, whose shares of stock tr ...
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Access Bank Botswana
Access Bank Botswana, is a commercial bank formerly known as BancABC Botswana, that is headquartered in Gaborone, Botswana. In October 2021, Access Bank Group concluded the acquisition of 78.15 percent shareholding in the stock of the erstwhile ''BancABC Botswana''. The bank subsequently rebranded to its current name to reflect its shareholding. The shares of stock of Access Bank Botswana are traded on the Botswana Stock Exchange, under the symbol: ACCESS. The company shareholding amounting to 21.85 percent that is not controlled by Access Bank Group is free-floating on the BSE. Overview Access Bank Botswana was the fifth largest financial services provider in Botswana, as of October 2021. The bank is a subsidiary of Access Bank Group, a financial services conglomerate based in Nigeria, with subsidiaries in nine sub-Saharan countries, the United Kingdom and the United Arab Emirates. The group also maintains representative offices in China, India and Lebanon. The group's share ...
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Bank Gaborone
Bank Gaborone, formally Bank Gaborone Limited, is a commercial bank in Botswana. , the bank had 5 branches and over 30 automated teller machines around the country. History The Bank of Botswana issued a license to Bank Gaborone Limited to commence with its full retail banking business on February 1, 2006. Bank Gaborone opened their first branch on Pilane Road, Gaborone during September 2006. Since 2022 the bank boasts of 11 branches in the city's main mall, Gamecity Mall, Central business District (Gaborone), Molepolole, Kang, Ghanzi, Maun, Kasane, Francistown, Palapaye and Mahalapye. Ownership Bank Gaborone is a 100% subsidiary of ''Capricorn Investment Holdings (Botswana) Limited'' (CIHB). In turn, CIHB is 94.9% owned by Capricorn Investment Holdings (CIH). Group Structure Capricorn Investment Holdings owns other financial institutions in whole or in part, including the following: * Botswana :* Capricorn Investment Holdings (Botswana) Limited - 94.9% Shareholding :* Bank Gab ...
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Bank Of Baroda
Bank of Baroda (BOB or BoB) is an Indian public sector bank headquartered in Vadodara, Gujarat. It is the second largest public sector bank in India after State Bank of India, with 132 million customers, a total business of US$218 billion, and a global presence of 100 overseas offices. Based on 2019 data, it is ranked 1145 on Forbes Global 2000 list. The Maharaja of Baroda, Sayajirao Gaekwad III, founded the bank on 20 July 1908 in the princely state of Baroda, in Gujarat. The Government of India nationalized the Bank of Baroda, along with 13 other major commercial banks of India, on 19 July 1969 and the bank was designated as a profit-making public sector undertaking (PSU). History In 1908, Sayajirao Gaekwad III, set up the Bank of Baroda (BoB), with other stalwarts of industry such as Sampatrao Gaekwad, Ralph Whitenack, Vithaldas Thakersey, Tulsidas Kilachand and NM Chokshi. Two years later, BoB established its first branch in Ahmedabad. The bank grew domestically until ...
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First Capital Bank Botswana Limited
First Capital Bank Botswana Limited, formerly known as Capital Bank, is a commercial bank in Botswana, licensed by the Bank of Botswana, the central bank and national banking regulator. It is a subsidiary of FMBCapital Holdings Plc, a Mauritius-based financial services conglomerate, whose shares of stock are listed on the Malawi Stock Exchange and has subsidiaries in Botswana, Malawi, Mozambique, Zambia and Zimbabwe. Location The headquarters and main branch of the bank are located at First Capital House, 2nd Commercial Road, in Gaborone, the capital and largest city in Botswana. The geographical coordinates of the bank's headquarters are: 24°38'56.0"S, 25°54'14.0"E (Latitude:-24.648889; Longitude:25.903889). Overview As of December 2018, the bank had total assets of BWP:2,880,502,881 (US$241 million), with shareholders' equity of BWP:196,059,009 (US$16.5 million). History The bank began operations in 2008, following the issuance of its banking license by the Bank of Bots ...
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First National Bank Of Botswana
First National Bank of Botswana is a Botswana-based company engaged in the banking sector. The Bank, through Pick n Pay franchise, offers sales and service channels called FNBB Kiosk. These kiosks are found in identified Pick and Pay stores that are being converted from Score supermarkets. The Bank has around three kiosks located at Lobatse, Gaborone and Francistown, which offer services, such as account opening, general enquiries, loan applications, credit card applications, Internet and cellphone registration, and check deposits. It operates a network of approximately 130 automated teller machines and over 4,000 point of sale devices. It offers customized payment, value add, collection and receipting, cash management, funding, investment, insurance and assurance, forex and trade finance, dedicated relationship manager, operating accounts, and debit and credit cards. See also *Botswana Stock Exchange The Botswana Stock Exchange (BSE) is a stock exchange located in Gaborone, Bot ...
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Stanbic Bank
Standard Bank Group Limited is a major South African bank and financial services group. It is Africa's biggest lender by assets. The company's corporate headquarters, Standard Bank Centre, is situated in Simmonds Street, Johannesburg. History The bank now known as Standard Bank was formed in 1862 as a South African subsidiary of the British overseas bank Standard Bank, under the name The Standard Bank of South Africa. The bank's origins can be traced to 1862, when a group of businessmen led by the prominent South African politician John Paterson formed a bank in London, initially under the name Standard Bank of British South Africa. The bank started operations in 1863 in Port Elizabeth, South Africa, and soon after opening it merged with several other banks including the ''Commercial Bank of Port Elizabeth'', the Colesberg Bank, the British Kaffrarian Bank and the ''Fauresmith Bank''. It was prominent in financing and development of the diamond fields of Kimberley in 1867. ...
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Standard Chartered
Standard Chartered plc is a multinational bank with operations in consumer, corporate and institutional banking, and treasury services. Despite being headquartered in the United Kingdom, it does not conduct retail banking in the UK, and around 90% of its profits come from Asia, Africa, and the Middle East. Standard Chartered has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. It has secondary listings on the Hong Kong Stock Exchange, the National Stock Exchange of India, and OTC Markets Group Pink. Its largest shareholder is the Government of Singapore-owned Temasek Holdings. The Financial Stability Board considers it a systemically important bank. José Viñals is the Group Chairman of Standard Chartered. Bill Winters is the current Group Chief Executive. Name The name Standard Chartered comes from the names of the two banks that merged in 1969 to create it: The Chartered Bank of India, Australia and China, and Standard Bank of ...
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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 ...
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