Botswana Banking Sector Report 2021

DUBLIN, November 09, 2021– (COMMERCIAL THREAD)–The “The banking sector in Botswana 2021” the report was added to ResearchAndMarkets.com offer.

This report on the banking sector in Botswana covers financial institutions, including banks, other credit, leasing, and loyalty and reward programs, as well as the central bank. It includes information on the state and size of the industry, regulations, 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 development finance institutions such as the Botswana Savings Bank, the National Development Bank and Botswana. Development Corporation and cooperative savings and loan companies such as Maitlamo, Motswedi and Thuto.

The banking sector in Botswana

Botswana’s banking sector is an increasingly important sector in terms of the supporting role it plays in the development of other sectors of the economy. The banking sector in Botswana is made up of commercial banks and a single building society, development finance and microfinance institutions.

All licensed commercial banks are predominantly foreign-owned and five major banks dominate the industry. With eight licensed commercial banks, fewer than 200 branches, and 542 ATMs, most analysts see opportunities for growth and expansion. However, no new bank has been approved since 2013.

Microcredit

The microcredit industry, including microloans, pawn shops, finance and leasing, is growing, as evidenced by the nearly 10% increase in the number of approved actors between 2019 and 2020. The The microcredit sector is likely to grow, as more and more people seek financial inclusion. .

Financial inclusion

The government of Botswana has developed the financial inclusion strategy which runs from 2015 to 2021, through a multi-country initiative, Making Access Possible, and is committed to reducing the percentage of people financially excluded from 24% to 12% by the end of 2021.

Priority areas of the strategy include the payment ecosystem, access to low cost savings products, the functioning of the credit market, accessible risk mitigation products, consumer empowerment, as well as financial protection and literacy.

Main topics covered:

1. INTRODUCTION

2. COUNTRY INFORMATION

3. INDUSTRY DESCRIPTION

3.1. Industry value chain

3.2. Geographical position

4. INDUSTRY SIZE

5. STATE OF THE INDUSTRY

5.1. Local

5.1.1. Corporate actions

5.1.2. Regulations

5.1.3. Business development and economic and social development

5.2. Continental

5.3. International

6. INFLUENCE FACTORS

6.1. Coronavirus

6.2. Economic environment

6.3. Financial inclusion

6.4. Rising input costs

6.5. Technology, Research and Development (R&D) and Innovation

6.6. Government incentives and support

6.7. Cybercriminality

6.8. Environmental concerns

6.9. Workforce

7. COMPETITION

7.1. Barriers to entry

8. SWOT ANALYSIS

9. OUTLOOK

10. INDUSTRY ASSOCIATIONS

11. REFERENCES

11.1. Publications

11.2. Websites

COMPANY PROFILES

  • Absa Bank Botswana Ltd

  • African Botswana Banking Company Ltd

  • Afritec (Pty) Ltd

  • Bank Gaborone SA

  • Bank Of Baroda (Botswana) Ltd

  • Bank of Botswana

  • Banque Sbi Botswana Ltd

  • Bbs Ltd

  • Botswana Development Corporation Ltd

  • Botswana Housing Corporation

  • Savings Bank of Botswana

  • Citizen entrepreneurship development agency

  • First Capital Bank Botswana Ltd

  • First National Bank of Botswana Ltd

  • Firstcred Ltd

  • Letshego Financial Services (Pty) Ltd

  • Maitlamo Cooperative Savings and Credit Company Ltd

  • Money Quest Investment (Pty) Ltd

  • Motswedi Cooperative Savings and Credit Company

  • National Development Bank

  • Stanbic Bank Botswana Ltd

  • Standard Chartered Bank Botswana Ltd

  • Thuto Saccos SA

For more information on this report, visit https://www.researchandmarkets.com/r/q1exu5

See the source version on businesswire.com: https://www.businesswire.com/news/home/20211109006301/en/

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