Bank profits reach P2.7bn in 2022
Monday, March 20, 2023 | 700 Views |
Previously, the highest after-tax profits the banks enjoyed was in 2018 at P2.02 billion. Bank of Botswana (BoB) figures released last week indicate that the collective net interest incomes of commercial banks rose to P5 billion last year from P4.4 billion in 2021.
Provisions for bad and doubtful debts in 2022 fell by about 85% to P72.1 million, as banks reaped the rewards of tighter risk controls put in place since the pandemic broke out.
The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...