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Stanbic flags strong profit recovery

Stanbic Bank
Stanbic Bank

Stanbic Bank Botswana is forecasting a profit before tax increase of up to P83 million for its half-year, adding to growing signs of a recovery in the country’s banking sector after a bruising 2025.

In a cautionary announcement issued on the bourse, the bank said profit before tax for the six months ended June is expected to increase by between 10% and 20%, representing a rise of between P41 million and P83 million from the corresponding period last year.

Stanbic reported profit before tax of P413 million for the first half of 2025. Its latest guidance therefore puts its six-month pretax profit at between P454 million and P496 million.

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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