Standard Chartered Bank Botswana first opened for business in 1897, making it the country's oldest bank. In 1956, the office was given a full branch status and this was followed by the opening of branches in Lobatse (1958), Mahalapye (1963) and Gaborone (1964).
The Bank was locally incorporated in 1975 with a full board. 25% of its shares are listed on the Botswana Stock Exchange.
Today, the Bank operates a network of 17 branches and agencies supported by a Loan Centre and Customer Call Centre. With a wide branch network and large force of Direct Sales Representatives (DSRs), the Bank is able to provide excellent service to its retail, corporate & institutional customers across the country.
The Bank's retail banking business offers a wide range of products and services and regarded as a market leader in this segment comprising of 3 businesses, Wealth Management, SME Banking and Lending, these portfolios are supported by our distribution network (Branches & ATMs) as well as robust credit risk management, sales and marketing teams.
The corporate & institutional bank, also offers a wide range of products and services for local corporates as well as for multi-national corporations (MNCs). Product portfolios comprise cash management, trade services, syndications and lending as well as treasury services Foreign Exchange, Currency Options, Government Bonds, High Yield Deposits as well as other liquidity management products. It also offers a wide range of corporate finance advisory, hedging and transactional services. Supported by the Bank's global network, it is able to provide financial expertise in cross-border structured transactions, fixed income, currency market and research.
Standard Chartered Bank Botswana is highly respected in the country for its adherence to corporate governance standards, enthusiasm for excellent service and dedication to talent development, as well for diversity and inclusion. It has a highly active community program and is committed towards building a sustainable business in Botswana in support of the country's Vision 2016 aspiration.