Botswana Savings Bank BSB is a financial services organization in
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 ...
. It is licensed as a
development bank
A development financial institution (DFI), also known as a development bank or development finance company (DFC), is a financial institution that provides risk capital for economic development projects on a non-commercial basis.
, total commitme ...
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
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 ...
. 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 ]
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 asse ...
. 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
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.
Gaboron ...
and another in
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 “''T ...
. In addition, BSB has a partnership agreement with
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 bac ...
to offer banking services through over 120 postal outlets throughout the country.
See also
*
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 bac ...
*
List of Botswana banks in Africa
*
List of banks in Botswana
References
External links
Official website*
Case Study Botswana Savings Bank, Craft Silicon
"Botswana Savings Bank (Gaborone)" at Wikimapia
Banks of Gaborone
Banks established in 1992
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