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 both to both its retail and wholesale customers across the country.
The Bank’s consumer banking business offers a wide range of products and services and is regarded as a market leader in this segment. Comprising of four business portfolios - Shared Distribution, Wealth Management, SME Banking, and Secured/Unsecured Lending, these portfolios are supported by robust credit risk management, sales and marketing teams.
The Wholesale Bank offers a wide range of products and services for local corporates and 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 and 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 as to 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.
The Bank won The Banker magazine’s esteemed ‘Best Bank in Botswana’ Award in 2003, 2005, 2006 and 2007. The Bank also won the ‘Best Bank in Botswana Award’ in 2006, 2007, 2008, 2009 and 2010 from Global Finance magazine, and ‘Best Bank in Botswana 2006 Award’ from Euromoney magazine and other southern African awards, for example, PMR Magazine Silver and Bronze Arrow Awards.
