Stanbic flags strong profit recovery

Tuesday, September 08, 2026 | 0 Views |

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.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

stanbic bank

South Korean killer’s mitigation fails, sent to death row

Pini Bothoko | 17 h ago

Teen pregnancies raise Tlokweng alarm

Tsaone Basimanebotlhe | 18 h ago

Rising abortion figures demand urgent action

The Monitor Editor | 18 h ago

Alex Forbes calls for beneficiary protection awareness

Pauline Dikuelo | 19 h ago

NDB embeds sustainability into its operations

staff writer | 19 h ago

Sky Clouds aligns UB Hotel salaries with P4,000 minimum wage

Correspondent | 12 h ago

Rammidi somersaults on his earlier position

Larona Makhaiza | 13 h ago

BSE scores first IPO since 2017

Mbongeni Mguni | 16 h ago

Rising abortion figures demand urgent action

Instead, they should serve as a warning to health authorities, community leaders, and policymakers that something is not right. According to the Palapye District Development Committee’s latest report, 130 abortion cases were recorded between April and June 2026.On the face of it, the overall figure may represent a decline from the preceding quarter. However, going deeper into the figures, the monthly trend tells a different and more worrying...

The Monitor Editor | 08 September 2026

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Stanbic flags strong profit recovery

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.

Explore

More

South Korean killer’s mitigation fails, sent to death row

Teen pregnancies raise Tlokweng alarm

Rising abortion figures demand urgent action

Alex Forbes calls for beneficiary protection awareness

NDB embeds sustainability into its operations

Sky Clouds aligns UB Hotel salaries with P4,000 minimum wage

Rammidi somersaults on his earlier position

BSE scores first IPO since 2017

Rising abortion figures demand urgent action