NOTICE: Bank Rate Change

NOTICE: Bank Rate Change

Following the adjustment of the Bank Rate by the Bank of Botswana by 0.50%, from 4.25% to 3.75%, Botswana Savings Bank (BSB) has adjusted its Prime Lending Rate from 5.75% to 5.25%, effective 12th October 2020.
Merging Save As You Earn and Thobo Savings Products

Merging Save As You Earn and Thobo Savings Products

The Bank continues to review its product offerings to align with the market needs as well as the Banks’s strategy. The two products, Thobo Savings Account and Save As You Earn have similar features, varying only by minimum monthly contribution and...
BSB donates COVID 19 face masks to primary schools

BSB donates COVID 19 face masks to primary schools

Botswana Savings Bank donated a total of 1500 masks to various primary schools across the country in support of the COVID- 19 prevention. The primary schools identified were in Serowe (Mannathoko Primary School), Mabeleapodi (Mabeleapodi Primary...
Notice: Prime Rate Change

Notice: Prime Rate Change

Following the adjustment of the Bank Rate by the Bank of Botswana on the 30th April 2020 by 0.50%, from 4.75% to 4.25%, Botswana Savings Bank(BSB) wishes to inform members of the public that the Bank has adjusted its prime lending rate from...
Repayment Holiday Measures

Repayment Holiday Measures

Botswana Savings Bank(BSB) is an institution wholly owned by the Government of Botswana, with specific mandate of mobilizing the nation to save, as well as providing additional financial services solutions. BSB recognizes the financial...