BBS boss wants change

Kgosidiile said the change would enable it to be more sustainable as they diversify income streams and the balance sheet through the introduction of additional products and services in line with commercial bank business plan.

Commenting on the bank’s financial results for the year ended March 31, 2016, he stressed that currently commercial banks have the advantage of encroaching into their turf while they cannot do the same, which places them at a disadvantage.