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
Botswana must not be a flag of convenience for rogues

‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...

Have a Story? Send Us a tip
arrow up