Mmegi

BSB profits reach P76m

Big numbers: The BSB recorded triple digit growth in profits off a stronger loan book
Big numbers: The BSB recorded triple digit growth in profits off a stronger loan book

The Botswana Savings Bank (BSB) has posted 230% surge in net profit to P76.8 million for the year to March 2025, up from P23.3 million in the previous year.

The growth was largely attributed to a robust expansion in the asset base and a significant P24.4 million contribution from BSB Insurance Services to the Group’s overall performance.

According to group executives, a recalibrated sales strategy played a pivotal role in this turnaround.

Editor's Comment
Warm relations must not come at the expense of fair trade

“I believe that free but fair trade isan absolute imperative”– John E. JamesFor two countries bound by geography, history and deep economic ties, periods of diplomatic strain serve neither side well. President Duma Boko’s efforts to restore momentum to relations with Pretoria deserve recognition, particularly at a time when Southern Africa faces shared challenges ranging from sluggish economic growth and unemployment to energy security...

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