Households bank deposits rise quicker than loans uptake

Friday, March 04, 2016

Households’ commercial banks deposits grew faster than the rate of loans uptake in 2015 indicating a rebalancing in the market.

Figures provided by the Bank of Botswana (BoB) show that there was a notable increase in the annual growth rate of household deposits from 9.2 percent in 2014 to 16.8 percent in 2015 which was a much faster growth compared to the 12.8 percent increase in credit to households.

“This signifies a rebalancing by the household sector, which bodes well for financial stability,” said the central bank in the 2016 Monetary Policy Statement (MPS).

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

Alleged kingpin 'sick' as case hits a snag

Larona Makhaiza | 1 h ago

Seretse charged as NPF case returns

Staff Writer | 2 h ago

About 300 Batswana trapped in Middle East crisis

Mbongeni Mguni | 1d ago

Ministry declares war on low productivity

Spira Tlhankane | 1d ago

Going back to church: Re entering the Amen Economy

Thulaganyo Jankey | 1d ago

Private investor injects P4m into UB hotel revival

Staff Writer | 1d ago

Southern chicken necks

Michelle Phetlhe | 1d ago

Senior Prisons officer faces drug, abuse of office charges

Larona Makhaiza | 1d ago

Cameras watching: Drive safely or pay the price

A network of high-tech cameras is now live, and they will be watching motorists every move behind the wheel. For the safety of everyone on the roads, drivers must take this wake-up call seriously or be prepared to face the consequences. These are not just speed traps. The new detecting devices are sophisticated. They will catch you running a red light, speeding, or driving an unregistered vehicle. They will spot the driver who is not wearing a...

The Monitor Editor | 03 March 2026

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