Report recommends new growth avenues for banks

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Because lending to the household sector is becoming increasingly saturated, banks need to look at new avenues of driving future growth, a report by the Capital Securities suggests.

The report says in recent years, lending to the household sector has been the traditional driver of banking growth in Botswana, but due to rising rates of arrears and concerns about over-borrowing, banks must consider other areas of potential growth.

Capital Securities identifies these as the low-income/unbanked market, new opportunities offered by technology challenges and the underserved business sector.

Editor's Comment
Diamond deal demands transparency

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