First National Bank Botswana
Founded
n/a
Headquarters
Gaborone, Botswana
Ticker
n/a
Sector
Banking
Stock performance
This company has no listed ticker in our data, so there is no price chart.
History
First National Bank Botswana was established in the early 1990s as the Botswana arm of South Africa's FirstRand group and is listed on the Botswana Stock Exchange.
Business model
FNB Botswana offers retail, commercial, and corporate banking, with a strong focus on digital banking and card services, and earns much of its profit from lending to salaried households and businesses.
Market position
FNB Botswana is one of the country's largest banks and one of the most valuable companies on the Botswana Stock Exchange, competing with Absa, Stanbic, and Standard Chartered.
Country impact
As a leading lender, FNB Botswana's credit growth and deposit base track the health of an economy heavily dependent on diamond revenues and public-sector salaries.