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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
Our digital safety is in our hands

That sounds like good news. But the report also warns that this may simply be because our digital economy is still young, not because we are safe. As more people shop, bank and pay online, criminals will follow.We Batswana do not need a report to tell us that danger is real. Many of us have heard of or fallen victim to KYC scams. A caller impersonates your bank or mobile money provider. They say they need to “verify” your account. They ask...

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