Stanchart revenues reach historic P1bn mark

Unveiling the bank’s results for the year ended December 31, 2014 yesterday, Stanchart Botswana CEO, Moatlhodi Lekaukau said the bank had been able to navigate the challenging and competitive local operating environment to become the country’s second most profitable bank.

During 2013, Standard Chartered Bank Botswana (SCBB)’s interest income rose four percent year-on-year to P786.2 million, while fee and commission earnings jumped 23 percent to P225.8 million.