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NDB explores commercial banking model

Friday, January 30, 2026 | 100 Views |
Partnerships: (L to R) Neo Quashie (NDB - Head of Finance), Neo Kootsholetse (NDB - Head Of Treasury and Capital Management), Kelebogile Makhala (NDB - Treasury Officer), Dr Fatima Farouk Elsheikh El toum (BADEA Secretary General), Ogone Madisa (NDB Chief Executive Officer), Yousra Fadol (BADEA Operations Expert), Ntokozo Monamati (NDB - Head Of Legal and Board Secretary)
Partnerships: (L to R) Neo Quashie (NDB - Head of Finance), Neo Kootsholetse (NDB - Head Of Treasury and Capital Management), Kelebogile Makhala (NDB - Treasury Officer), Dr Fatima Farouk Elsheikh El toum (BADEA Secretary General), Ogone Madisa (NDB Chief Executive Officer), Yousra Fadol (BADEA Operations Expert), Ntokozo Monamati (NDB - Head Of Legal and Board Secretary)

The National Development Bank (NDB) is testing the possibility of moving towards commercial banking operations, a direction that if pursued, would add greater depth and citizen equity holding in the local banking sector.

At present in the local commercial banking sector, only BBS Bank is citizen-owned, whilst all the others are the offshoots of parent groups that are based out of South Africa, Namibia, Malawi, Namibia, Nigeria and the United Kingdom.

The NDB, a statutory bank established in 1963, has been earmarked for privatisation, merger, commercialisation and other strategic reforms over the decades, with little traction.

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Editor's Comment
Exercise extra caution!

Unfortunately, petty thieves tend to be more vicious around this time as they also prepare for the festive season. Culturally, many Batswana go home for the holiday, and petty thieves are amongst those who go home. Burglaries, car break-ins, and attacks on unsuspecting pedestrians seem to be on the rise!That is not all, as scammers continue to take money from pensioners as well as other Batswana who may fall prey to their unscrupulous tactics....

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