NDB boasts P1.6bn of assets � Morapedi

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The National Development Bank (NDB) CEO, Lorato Morapedi says her bank’s balance sheet has grown by 217% in the last decade to an asset base of P1.6 billion. She has been the CEO since 2010.

As the NDB  celebrates 51 years, Morapedi hailed it as a profitable entity that has been paying dividends amounting to P130 million in the past 12 years. The NDB is currently undergoing transformation as it bids to go commercial, and Morapedi says  the bank is working hard to attain the achievable  goal.

The NDB  boss also says her bank has been on a robust drive to reduce debts by debt collection, a process that has seen them collecting P56 million last year.

Editor's Comment
Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

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