Who Owns Whom
Request Free Trial Showcase Your Company WOWEB Login
Home > Report Group > Banking Industry Botswana
  • Cart
  • Checkout

    • Banking Industry Botswana

    The Banking Industry in Botswana 2021

    Charles Chinya | Botswana | 13 October 2021

    The Banking Industry in Botswana 2020

    Louise Mitchell | Botswana | 17 January 2020

    Report Info

    Report Summary Table of Contents
    Enquire about this report

    Report Coverage

    This report on the banking sector in Botswana covers financial institutions including banks, other credit granting, lease financing, and loyalty and reward programmes, as well as central banking. It includes information on the state and size of the sector, regulation, developments and corporate actions. There are profiles of 23 companies including ABSA Botswana, African Banking Corporation of Botswana (trading as Banc ABC), First National Bank of Botswana, Stanbic and Standard Chartered, government-owned developmental finance institutions such as Botswana Savings Bank, National Development Bank and Botswana Development Corporation and savings and credit cooperative societies such as Maitlamo, Motswedi and Thuto.

    The Banking Sector in Botswana

    Botswana’s Banking industry is an increasingly important sector in terms of the supporting role it plays in the development of other sectors of the economy. The banking industry in Botswana is composed of commercial banks and a single building society and development finance and microfinancing institutions. All of the licensed commercial banks are majority foreign-owned, and five large banks dominate the sector. With eight licensed commercial banks, and less than 200 branches and 542 ATMs, most analysts see opportunities for growth and expansion. However, there have been no new banks licensed since 2013.

    Microlending

    The microlending sector, including microlenders, pawnshops, financing and leasing is growing, as is evidenced by the almost 10% increase in the number of licensed players between 2019 and 2020. There is scope for growth in the microlending sector as more people seek financial inclusion.

    Financial Inclusion

    The Government of Botswana developed the Financial Inclusion Strategy that runs from 2015 to 2021, through a multi-country initiative, Making Access Possible, and was committed to reducing the percentage of financially-excluded people from 24% to 12% by end of 2021. The strategy’s priority areas include the payment ecosystem, access to low cost saving products, the working of the credit market, accessible risk mitigation products, consumer empowerment, and protection and financial literacy.

    Read More..
    The Banking Industry in Botswana 2021

    Full Report

    R 6 500.00(ZAR) estimated $342.79 (USD)*

    Buy Now +

    Industry Overview

    R 4 550.00(ZAR) estimated $ 239.95 (USD)*

    Buy Now +

    Historical Reports

    The Banking Industry in Botswana 2020-01-17

    R 1 900.00(ZAR) estimated $100.20 (USD)*

    View Report Add to Cart

    Table of Contents

    [ Close ]
    PAGE
    1. INTRODUCTION 1
    2. COUNTRY INFORMATION 1
    3. DESCRIPTION OF THE INDUSTRY 3
    3.1. Industry Value Chain 7
    3.2. Geographic Position 8
    4. SIZE OF THE INDUSTRY 8
    5. STATE OF THE INDUSTRY 12
    5.1. Local 12
    5.1.1. Corporate Actions 16
    5.1.2. Regulations 16
    5.1.3. Enterprise Development and Social Economic Development 18
    5.2. Continental 19
    5.3. International 24
    6. INFLUENCING FACTORS 28
    6.1. Coronavirus 28
    6.2. Economic Environment 29
    6.3. Financial Inclusion 30
    6.4. Rising Input Costs 31
    6.5. Technology, Research and Development (R&D) and Innovation 32
    6.6. Government Incentives and Support 33
    6.7. Cybercrime 33
    6.8. Environmental Concerns 34
    6.9. Labour 34
    7. COMPETITION 36
    7.1. Barriers to Entry 36
    8. SWOT ANALYSIS 2
    9. OUTLOOK 2
    10. INDUSTRY ASSOCIATIONS 3
    11. REFERENCES 3
    11.1. Publications 3
    11.2. Websites 40
    APPENDIX 1 41
    Summary of Notable players 41
    COMPANY PROFILES 44
    ABSA BANK BOTSWANA LTD 44
    AFRICAN BANKING CORPORATION OF BOTSWANA LTD 48
    AFRITEC (PTY) LTD 51
    BANK GABORONE LTD 53
    BANK OF BARODA (BOTSWANA) LTD 56
    BANK OF BOTSWANA 58
    BANK SBI BOTSWANA LTD 61
    BBS LTD 63
    BOTSWANA DEVELOPMENT CORPORATION LTD 66
    BOTSWANA HOUSING CORPORATION 71
    BOTSWANA SAVINGS BANK 74
    CITIZEN ENTREPRENEURIAL DEVELOPMENT AGENCY 77
    FIRST CAPITAL BANK BOTSWANA LTD 80
    FIRST NATIONAL BANK OF BOTSWANA LTD 83
    FIRSTCRED LTD 88
    LETSHEGO FINANCIAL SERVICES (PTY) LTD 91
    MAITLAMO SAVINGS AND CREDIT COOPERATIVE SOCIETY LTD 94
    MONEY QUEST INVESTMENT (PTY) LTD 96
    MOTSWEDI SAVINGS AND CREDIT CO-OPERATIVE SOCIETY 99
    NATIONAL DEVELOPMENT BANK 101
    STANBIC BANK BOTSWANA LTD 104
    STANDARD CHARTERED BANK BOTSWANA LTD 108
    THUTO SACCOS LTD 112

    Report Coverage

    This report on the banking industry in Botswana includes information on the state and size of the industry and the factors that influence it including economic conditions, regulation and corporate actions. There are comprehensive profiles of 19 companies in the sector including Standard Chartered, which launched Botswana’s first digital retail bank in 2019. Other profiles include BBS, which listed on the over the counter Serala exchange in 2018, Letshego, the leading microlender and development institutions such as Botswana Development Corporation and the National Development Bank.

    The Banking Sector in Botswana

    This report on Botswana’s financial institutions include banks, other credit granting, lease financing, and loyalty and reward programmes, as well as central banking. The country has ten commercial banks that are all foreign-owned and four are listed on the Botswana Stock Exchange. Non-bank finance institutions include microlenders, pawnshops, and finance and leasing companies. With ten commercial banks, just over 500 ATMs and less than 200 branches serving an adult population of about 1.5 million people, most analysts see opportunity for expansion.

    Steady Performance

    Despite these opportunities, no new banks have entered the sector since 2012, and commentators have indicated that outdated regulation and the dominance of foreign-owned commercial banks are factors that potentially keep new entrants out. The microlending sector, on the other hand, is growing and has the potential to increase financial inclusion. Large commercial banks continue to introduce more technologies and are moving towards branchless banking. Latest available industry statistics to 2018 reflect a stable, adequately-capitalised banking sector which experienced growing customer deposits and improved profitability.

    Lease Financing

    Botswana has a developed auto market with a high consumer purchasing power and good quality road infrastructure. Increased personal consumption is expected to drive growth in car sales. Growth is also expected in commercial vehicle sales as government promotes increased spending on major capital development projects.

    Read More..
    The Banking Industry in Botswana 2020

    Full Report

    R 1 900.00(ZAR) estimated $100.20 (USD)*

    Buy Now +

    Industry Overview

    R 1 330.00(ZAR) estimated $ 70.14 (USD)*

    Buy Now +

    Historical Reports

    The Banking Industry in Botswana 2021-10-13

    R 6 500.00(ZAR) estimated $342.79 (USD)*

    View Report Add to Cart

    Table of Contents

    [ Close ]
    PAGE
    1. INTRODUCTION 4
    2. COUNTRY INFORMATION 4
    3. DESCRIPTION OF THE INDUSTRY 5
    3.1. Industry Value Chain 11
    3.2. Geographic Position 12
    4. SIZE OF THE INDUSTRY 13
    5. STATE OF THE INDUSTRY 17
    5.1. Local 17
    5.1.1. Corporate Actions 21
    5.1.2. Regulations 21
    5.1.3. Enterprise Development and Social Economic Development 23
    5.2. Continental 24
    5.3. International 30
    6. INFLUENCING FACTORS 33
    6.1. Economic Environment 33
    6.2. Government Initiatives 33
    6.3. Financial Inclusion 34
    6.4. HIV/AIDS 35
    6.5. Operating Costs 35
    6.6. Information Technology (IT), Research & Development and Innovation 36
    6.7. Labour 37
    6.8. Environmental, Social and Governance (ESG) Factors 38
    6.9. Cybercrime 39
    7. COMPETITION 40
    7.1. Barriers to Entry 40
    8. SWOT ANALYSIS 41
    9. OUTLOOK 42
    10. INDUSTRY ASSOCIATIONS 42
    11. REFERENCES 43
    11.1. Publications 43
    11.2. Websites 43
    APPENDIX 1 45
    Summary of Notable players 45
    COMPANY PROFILES 48
    AFRICAN BANKING CORPORATION OF BOTSWANA LTD 48
    BANK GABORONE LTD 52
    BANK OF BARODA (BOTSWANA) LTD 54
    BANK OF BOTSWANA 56
    BANK SBI BOTSWANA LTD 58
    BARCLAYS BANK OF BOTSWANA LTD 60
    BBS LTD 64
    BOTSWANA DEVELOPMENT CORPORATION LTD 67
    BOTSWANA HOUSING CORPORATION 72
    BOTSWANA SAVINGS BANK 75
    CITIZEN ENTREPRENEURIAL DEVELOPMENT AGENCY 78
    FIRST CAPITAL BANK LTD 81
    FIRST NATIONAL BANK OF BOTSWANA LTD 84
    GETBUCKS LTD 89
    LETSHEGO FINANCIAL SERVICES (PTY) LTD 91
    MAITLAMO SAVINGS AND CREDIT COOPERATIVE SOCIETY LTD 93
    MOTSWEDI SAVINGS AND CREDIT CO-OPERATIVE SOCIETY 95
    NATIONAL DEVELOPMENT BANK 97
    STANBIC BANK BOTSWANA LTD 100
    STANDARD CHARTERED BANK BOTSWANA LTD 104

    Stay Up to Date with the Latest Industry News in Africa

    Copyright @ 2021