Bayport loan book reaches P100m

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Bayport Financial Services has grown significantly in Botswana with the micro lender granting P100 million loans in 2012.

Speaking at the company's re-branding launch in Gaborone this week, Bayport Holdings CEO, Grant Kurland, said that because of the growth in Botswana, the financial services company decided that the time had come to revitalise its brand. He said Bayport continues to be the promoter of financial wellness and only lends money to responsible people. 

"We continue to promote financial wellness and we do not lend money to irresponsible people because we want to see financially stable citizens. We are subjects to regulatory authorities in every country we operate. In Botswana, we are being regulated by the Non-Banking Financial Institutions Regulatory Authority (NBFIRA)," he said.He explained that while Bayport's business strategy is to drive product diversification and technological innovation, people remain at the centre of the business and that is the message its logo is sending. Kurland said the new brand was not developed in isolation but  grew out of the business philosophy. "The Bayport Way is all about how we treat people, be they employees, customers or investors and how we add value to their lives," he explained.

Editor's Comment
Closure as pain lingers

March 28 will go down as a day that Batswana will never forget because of the accident that occurred near Mmamatlakala in Limpopo, South Africa. The tragedy affected not only the grieving families but the nation at large. Batswana throughout the process stood behind the grieving families and the governments of Botswana and South Africa need much more than a pat on the back.Last Saturday was a day when family members said their last goodbyes to...

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