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NDB explores commercial banking model

Friday, January 30, 2026 | 80 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)

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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NDB explores commercial banking model

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.

Gov't moves to close tax gaps

Chief judge promises fairness at tomorrow's Miss Botswana finale

High pressure mounts on fuel prices

We respect AFCON final decision – Babitseng

Court blow rocks BPF leadership

BPF moves to rebuild unity-Lucas

‘Reatile, Ookeditse deal was gentleman’s agreement’

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