Partnerships key to boosting financial inclusion – banker

Pal PIC: KABO MPAETONA
Pal PIC: KABO MPAETONA

The managing director of State Bank of India (SBI) Botswana, Pramod Pal says financial institutions need to embark on intense awareness campaigns to ensure the community is educated in banking facilities, services and products.

Financial inclusion is defined as the level of access to banking, remittances and any other financial services in a country or society.

Speaking at the Botswana Institute of Bankers graduation and awards ceremony on Tuesday, Pal said this effort could be achieved when the banks collaborate with other stakeholders like financial as well as educational institutions.

Editor's Comment
Happy Independence!

We are 56 years old and what do we have to show for it? Looking at where Botswana started and where it is today, there are a lot of developments, but whether the developments match the number of years we have enjoyed as a country is a topic for another day.The fact that cannot be denied is we have seen major developments, but we are still lacking in several pertinent areas.Our beautiful country imports almost everything. We import fuel, food,...

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