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 5.75%, with effect from the 8th May 2020.

The adjusted prime rate change will affect all prime-linked loans and savings accounts.