mmegi

FNBB’s profits reach P1.4bn

Friday, September 15, 2023 | 500 Views |

Healthy numbers: Bogatsu speaking at this week’s results briefing PIC: PHATSIMO KAPENG

The country’s biggest bank by balance sheet and customers, First National Bank Botswana (FNBB), has raked in P1.4 billion in pretax profits for the year ended June 30, an 18% increase from the figures recorded in the previous corresponding period.

Presenting the numbers on Wednesday, the bank’s CEO, Steven Bogatsu, attributed the higher profits to a healthy post-COVID-19 loan book.

“The growth was reflective of an economy emerging from the COVID-19 pandemic,” he said.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

By-elections often arrive quietly, triggered by unfortunate circumstances such as the death of the area councillor PIC: KENNEDY RAMOKONE

Moremaoto votes, parties face reality

Tsaone Basimanebotlhe | 1 h ago

High Court orders ZCC Botswana to reunite

Laone Choeunyane | 1 h ago

Day 3: Search for Maun missing boy continues

Staff Writer | 2 h ago

Long 1,900km drive awaits netball teams

Calistus Kolantsho | 2 h ago

Ngada to pip seasoned campaigners for AFCON place?

Kabelo Boranabi | 2 h ago

Oneal R&B orchestra shares African story

Lucy Kgweetsi | 2 h ago

Yarona FM to host Just Kidding Fam Fest

Nnasaretha Kgamanyane | 2 h ago

Softball Spectacular to quench players’ thirst

Calistus Kolantsho | 2 h ago

Depression is real; let's take care of our mental health

It is not uncommon in this part of the world for parents to actually punish their children when they show signs of depression associating it with issues of indiscipline, and as a result, the poor child will be lashed or given some kind of punishment. We have had many suicide cases in the country and sadly some of the cases included children and young adults. We need to start looking into issues of mental health with the seriousness it...

The Monitor Editor | 02 December 2025

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More

FNBB’s profits reach P1.4bn

The country’s biggest bank by balance sheet and customers, First National Bank Botswana (FNBB), has raked in P1.4 billion in pretax profits for the year ended June 30, an 18% increase from the figures recorded in the previous corresponding period.