Barclays pins hope on corporate banking

Reinette Van Der Merwe.PIC: MORERI SEJAKGOMO
Reinette Van Der Merwe.PIC: MORERI SEJAKGOMO

Plagued by the continued low interest rate environment, Barclays Bank of Botswana hopes its revenue growth will be driven by business banking segments.

These segments, which include corporate and investment banking, and the retail and business banking, registered significant growth in the first half of 2016.

Last week managing director, Reinette van der Merwe said the bank’s profit before tax growth from P111 million in the half year ended June, 30 2015 to P270 million this year was mainly driven by sustained revenue growth in the retail and banking business, and significant growth in excess of 50%, by corporate and investment banking.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

Have a Story? Send Us a tip
arrow up