Bank Gaborone Loan Book Balloons

Bank Gaborone
Bank Gaborone

Bank Gaborone’s loan book has ballooned by 15% to P3.5 billion compared to the P3 billion that was recorded the prior year, despite the tight banking environment.

The bank attributed the growth to the individual loans, which went up by 8.9% to P304 million compared to P279 million recorded last year.

According to the bank’s financial results for the year ended June 30, 2018, commercial loans grew by 42.7% to P1.1 billion from P804 million and mortgage loans grew by four percent to P1.5 billion from P1 billion.

Editor's Comment
Routine child vaccination imperative

The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

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