Stanchart explores full sale of its business

Tuesday, January 13, 2026 | 390 Views |

Exiting: Stanchart is the country's oldest bank, having established as an agency in Francistown in 1897

The country’s oldest bank, Standard Chartered Bank Botswana, is now exploring the sale of its full business, rather than just its Wealth and Retail Business (WRB) unit which has been on the market since November 2024.

Popularly referred to as Stanchart, the London-based global group, first set up in Botswana in 1897 as the country’s first commercial bank.

In a statement earlier today, bank executives said the decision to explore a sale of the full franchise rather than just the WRB unit, was informed by feedback from bidders.

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