BSB Merger Near Completion

Correspondent | Monday February 10, 2014 15:44

 

This follows the passing by Parliament in December 2013 of the Botswana Postal Service Amendment Bill and approval by Cabinet of a Holding Company, the Botswana Post and Savings Group Limited, under which the merger will operate.

BSB is ramping up its branch network expansion across the country in an effort to proliferate services and accessibility as part of its transformation process into a fully-fledged commercial bank. On the other hand, Botswana Postal Services (BPS) is also expanding its product range to bring services closer to the unbanked and rural clients head of the merger.