Banking sector profits grows, despite poor service
Friday, December 20, 2013
Four major banks (First National Bank, Standard Chartered Bank, Barclays Bank and Stanbic Bank) continued their domination of the local banking market.
However, some small banks, notably BancABC recorded significant growth this year. First National Bank of Botswana balance sheet continued to increase in advances with the year on year growth registering an impressive 23 percent to close at a book record of P10 billion.
“Justice should not only be done, but should manifestly and undoubtedly be seen to be done.”-Lord HewartHis decision was the correct one.The move neither proves guilt nor settles the serious allegations that have brought him to the doorstep of the Regional Magistrate’s Court.It does, however, recognise a basic principle of accountable government, that a minister facing criminal charges should not remain in a position that could create even...