BSB raises P192m from capital market

Standing tall: The BSB has its eyes on growth
Standing tall: The BSB has its eyes on growth

Botswana Savings Bank (BSB) has raised P192 million through the recent private placement of four bonds, with the funds due to help its growth and target of boosting its loan book by 30%.

The bonds, which were privately placed with investors, are part of the BSB’s P1 billion note issuance programme announced last March.

According to a series of announcements made on the Botswana Stock Exchange, the BSB raised P82 million, P60 million, P30 million and P20.5 million in different maturing bonds carrying both fixed and floating rates.

Editor's Comment
Routine child vaccination imperative

The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

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