Banks set for record profits

Capital central: The Bank of Botswana oversees all commercial banks in the country PIC: MORERI SEJAKGOMO
Capital central: The Bank of Botswana oversees all commercial banks in the country PIC: MORERI SEJAKGOMO

The country’s commercial banks recorded collective after-tax profits of P2.4 billion in the first 11 months of last year, setting them on course for the highest profits the sector has ever recorded.

Previously, the highest after-tax profits the banks enjoyed was in 2018 at P2.02 billion.

Bank of Botswana (BoB) figures released recently indicate that in the first 11 months of last year, the country’s commercial banks raised their net interest incomes to P4.6 billion, nearly 15% above the corresponding period in 2021.

Editor's Comment
Congratulations Anicia Gaothuse!

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...

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