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
Prosecutors deserve better

These legal professionals, who are entrusted with upholding the rule of law, face numerous challenges that compromise their ability to effectively carry out their duties.Elsewhere in this edition, we carry a story on the lamentations of the officers of court.The prosecutors have raised a number of concerns, calling for urgent attention from all relevant stakeholders, including the President, Minister of Justice and the Attorney General. Their...

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