The National Development Bank of Botswana, (NDB Botswana), is a government-owned development bank
The headquarters and main branch of NDB Botswana are located at 161 Queens Road, in the central business district
of Gaborone, Botswana's capital city. The bank maintains branch offices in Francistown
The geographical coordinates of the bank's headquarters are 24°39'25.0"S, 25°55'07.0"E (Latitude:-24.656944; Longitude:25.918611).
NDB Botswana is a national development financial institution. While all development economic activity funding is considered, as of 2020, the focus is on funding agricultural development and the establishment of food security in Botswana.
As of 31 March 2017, the bank's total assets were BPW:1,444,758,000 (US$138 million), with shareholders' equity of BPW:587,444,000 (US$52 million).
National Development Bank of Botswana was established in 1963 by act of parliament. Its main objective is to provide financial services to Botswana’s business sector. Its second objective is to earn satisfactory returns on shareholders' funds.
The bank is 100 percent owned by the government of Botswana
Board of Directors
the following constitute the nine-person Board of Directors
of the bank:
1. Wilfred Mpai: Chairman
2. Patricia M. Makepe: Deputy Chairperson 3. Mendel Ngoni Nlanda: Non-Executive Director 4. Olefile K. Mokatse: Non-Executive Director 5. Mmadima Nyathi: Non-Executive Director 6. Gerald N. Nthebolan: Non-Executive Director 7. Onthusitse M. Mosiakgabo: Non-Executive Director 8. Oganeditse Marata: Non-Executive Director and 9. Colleen M. Motswaiso: Non-Executive Director.
The Chief Executive Officer, supervises nine other senior managers. As of July 2020, the CEO is Ms Lorato Morapedi.
* African Development Bank
* Uganda Development Bank Limited
* Development Bank of Kenya
* Botswana Unified Revenue Service
Category:Banks of Botswana
Category:Banks established in 1963
Category:1963 establishments in Bechuanaland Protectorate
Category:Government-owned companies of Botswana