Mmegi

Bank profits return to winning ways

Market leader: FNBB is the country’s largest bank by all metrics and expects an increase in pretax profits of up to P235m PIC: MORERI SEJAKGOMO
Market leader: FNBB is the country’s largest bank by all metrics and expects an increase in pretax profits of up to P235m PIC: MORERI SEJAKGOMO

The country’s two largest commercial banks expect to unveil increases in pretax profits of up to a combined P317 million, as the banking sector turns the tide after a tough 2025.

First National Bank Botswana, the country’s largest bank by all metrics, expects its pretax profits for the full year ended June 2026 to rise by as much as P235 million. The bank reported pretax profits of P1.9 billion in the year ended June 2025.

Absa Bank Botswana, meanwhile, which is the country’s second largest bank, expects its pretax profits for the half year to June to increase by as much as P82 million. The bank reported pretax profits of P412 million in the prior period.

Editor's Comment
Seeking counselling is not sign of weakness

Unfortunately, in this part of the world, it is very rare for individuals to mind their mental health. This does not start today, and sadly, even children with certain mental health challenges get the stick regularly instead of proper diagnosis and professional assistance. Counselling, just like going for physical examinations, is very necessary for general well-being. Many Batswana are dealing with different challenges. These difficulties can...

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