Mmegi

BBS focuses on recovery after tough 2025

Optimistic: Tafa PIC PHATSIMO KAPENG
Optimistic: Tafa PIC PHATSIMO KAPENG

The country’s youngest bank, BBS Bank, is focussing on stabilising its financials and muscling further into the market, after sectoral liquidity challenges in 2025 ballooned its interest expense and ate into earnings, leading to pretax losses of P134 million.

BBS, the country’s only indigenous bank, has swung between periods of losses and profits in the three years since it kicked off commercial banking operations, a period executives describe as formative, transformational and associated with set-up costs.

From pretax profits of P44.9 million in 2024, BBS sank to losses of P133.7 million in the year ended December 2025, weighed down by broader market liquidity pressures that saw interest rates spiral in the country, amidst a scramble amongst banks for deposits.

Editor's Comment
Kudos to Botswana Police Service, other security entities

“In any moment of decision, the best thing you can do is the right thing.”– Theodore RooseveltThrough the two-day event, over 700 athletes from 40 countries, and multitudes of spectators gathered in Gaborone to witness a world-class sporting spectacle.Beyond the medals and performances on the track, Botswana won something equally important: international respect. One of the key pillars behind the success was the sterling work done by the...

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