BSB partners with the Ministry to disburse Social Benefits
The Ministry of Local Government and Rural Development has recently appointed Botswana Savings Bank to disburse social benefits for people with disability, destitute, old Age Pensioners, World War II and Veterans.
Through this programme, the BSB customers...
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
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...
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 6.25% to...
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 hardships that...