Bank Gaborone pushes for 10% market share

With a loan book of P4 billion and deposits of P4.9 billion at the last count, Bank Gaborone is the sixth largest commercial bank in the country with a current market share of about 7.5 percent. The bank trails BancABC, which has a loan book of about P6 billion and customer deposits of P6.2 billion.

The Big Four; First National Bank Botswana, Barclays Bank Botswana, Standard Chartered Bank Botswana and Stanbic Bank Botswana have loan books ranging from P16 billion to P7.4 billion, and deposits ranging from P19.6 billion to P11.8 billion. However, Bank Gaborone, a subsidiary of Namibia’s Capricorn Group, aims to climb the rankings in the medium term.