Banking sectors sails unchartered waters

The banking sector sailed untested waters in 2014 as banks experienced shortage of deposits and liquidity coupled with reduced profitability.

At the end of the first half of 2014, asset quality remained stable and within normal range, while earnings and interest income were stable but non-interest income margins were constrained.

In the same year, major banks continued to experience constrained profits throught the year with Barclays Bank of Botswana’s Profit After Tax (PAT), leading the pack as its profits tumbled for the third reporting period in a row.

Editor's Comment
Your vote matters

This period, running from May 20 to 31 2024, is crucial for those who have not yet registered to vote. This announcement comes in response to a significant shortfall in registered voters following the recent registration period. As it stands, only 62% of the target number of voters registered, leaving a considerable gap.With Botswana's general elections scheduled for October, every eligible citizen needs to register and exercise their...

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