Absa Bank Botswana Ltd (ABSA)

Absa Bank Botswana Limited provides a range of retail banking, business banking, corporate and investment banking, and wealth management solutions in Botswana. The company operates through Corporate and Investment Banking, and Retail Business Banking and Other segments. It offers current, savings, and call accounts; and term, fixed, interest and non-interest bearing, and cheque account deposits. The company also provides personal, home, life, term, foreign currency, scheme, and business loans; vehicle, mortgage, and production loans; commercial asset finance, purchase order finance, and overdraft services; trade finance products, including letters of credit, document collections, performance bonds and bank guarantees, and bills of exchange; and debit and credit cards. In addition, it offers personal insurance products, such as home owners, household contents, funeral, motor, and retrenchment insurance products; business insurance products comprising buildings, contents, stock in trade, motor vehicles, electronic equipment, workers compensation, and other insurance products; treasury services, including 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, the company provides Internet and ATM banking, mobile app, and e-statement services. It offers its services to corporates, financial institutions, and government clients; and medium, small businesses, and retail customers. It operates through various 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.