Absa Bank Botswana Limited (BSM: ABBL)
Botswana flag Botswana · Delayed Price · Currency is BWP
6.90
0.00 (0.00%)
At close: Nov 20, 2024

Absa Bank Botswana Company Description

Absa Bank Botswana Limited provides various financial services in Botswana.

It operates through three segments Corporate and Investment Banking; Retail Business Banking and Other; and Islamic Banking.

The company offers current, savings, and call accounts; and term, fixed, interest and non-interest bearing, and cheque account deposits.

It also provides personal, home, life, term, foreign currency, scheme, and business loans; vehicle, mortgage, and production loans; commercial asset finance, and overdraft services; trade finance products, including letters of credit, document collections, performance bonds and bank guarantees, and bills of exchange; and credit cards.

In addition, the company offers personal insurance products, such as home owners, household contents, funeral, motor, and retrenchment insurance products; business insurance products covering buildings, contents, stock in trade, motor vehicles, electronic equipment, workers compensation, and other insurance products; treasury services comprising foreign exchange, currency repo, risk management, and investment services; investment banking, financing, risk management, and advisory solutions; customer loyalty programs and services; and cash management, and merchant services.

Further, it provides Internet and ATM banking, mobile app, and e-statement services. The company offers its services to corporates, financial institutions, and government clients; and medium, small businesses, and retail customers.

It operates through multiple branches, ATMs, and point-of-sale devices. The company was formerly known as Barclays Bank of Botswana Limited and changed its name to Absa Bank Botswana Limited in February 2020.

The company was founded in 1950 and is headquartered in Gaborone, Botswana. Absa Bank Botswana Limited is a subsidiary of Absa Group Limited.

Absa Bank Botswana Limited
Country Botswana
Founded 1950
Industry Commercial Banks
Employees 1,111
CEO Keabetswe Pheko-Moshagane

Contact Details

Address:
Building 4, Prime Plaza
Gaborone
Botswana
Phone 267 315 9575
Website absa.co.bw

Stock Details

Ticker Symbol ABBL
Exchange Botswana Stock Exchange
Fiscal Year January - December
Reporting Currency BWP
SIC Code 6020

Key Executives

Name Position
Keabetswe Pheko-Moshagane Chief Executive Officer
Leroy Klein Chief Financial Officer
Krishnan Menon Chief Operating Officer