Banking sector profits grows, despite poor service

No Image

The State Bank of India opened in the country while ABN AMRO closed shop to the disappointment of job seekers, who were expecting to land employment in the bank.

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.

Editor's Comment
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

Have a Story? Send Us a tip
arrow up