Absa Bank Botswana Ltd (ABSA)

Absa Bank Botswana Limited provides various financial services in Botswana. It operates through Corporate and Investment Banking, and Retail, Business Banking, and Other segments. The company offers transactional, current, savings, and transmission accounts; and term, fixed, interest and non-interest bearing, and cheque account deposits. It also provides personal, home, 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.