Who we are
Stanbic Bank Botswana (SBB) is a member of the Standard Bank Group. It opened its doors as Stanbic Bank Botswana in Broadhurst, in March 1992 and has been in operation for over 31 years. It is the third largest commercial bank by profitability and a market leader in the Corporate and Investment Banking sector, high ambitions of reclaiming its stake in the Business and Commercial Banking space and growing extensively in the Personal and Private Banking space.
The Bank caters for three main client segments which are Personal and Private Banking responsible for servicing retail clients, Business and Commercial Banking which services Enterprise/SME clients and Commercial clients and Corporate and Investment Banking which is responsible for large corporates and multinationals. These are all supported by numerous Corporate Function Units to help deliver solutions to the market and grow the Bank.
The Bank is guided by key pillars that guide and govern how it goes about building its communities. These include Employability and Entrepreneurship, Health and Education emanating from our Corporate Social Investment Policy. Under Sponsorships the focus is on Thought Leadership, Team Sports, and the Performing Arts. The Social Economic and Environment (SEE) pillar is executed mainly through the Bank’s Accelerate Incubator and Citizen Economic Empowerment Programme (CEEP). These programmes were established to serve underserved youth and entrepreneurs, to help combat youth unemployment and support the scaling of small to medium enterprises through coaching, mentoring, access to markets, accelerated growth programmes and access to funding.
Stanbic Bank Botswana currently employs just over 645 members of staff and has a national footprint comprising 13 branches. Six branches are located within Gaborone, with representation in Francistown, Letlhakane (a digital branch), Maun, Mogoditshane, Palapye, Selebi Phikwe and Kazungula. We offer a comprehensive Card Acquiring solution set with Stand-alone Point of Sale (POS) devices countrywide, eCommerce merchant solutions and integrated POS tills deployed across key retailer outlets. The Bank also services customers through a network of 79 ATMs countrywide.
Unayo, our mobile money platform Unayo, services individuals and businesses, of which a large number are large retail chain stores. We also introduced a worldclass mobile forex app, Shyft, which trades in four leading currencies including USDollar, British Pound Sterling, Euro and Australian Dollar.
Having operated in Botswana for over 32 years, Stanbic Bank Botswana continues to receive prestigious awards as testament to the transformative role it plays in partnering Botswana and driving her growth. In the year 2023, the Bank, received variousawards from the Global Finance including Best Consumer Digital Bank in Botswana, Best Sub-Custodian Bank in Botswana and Best Consumer Digital Bank for Information Security and Fraud Management, among others.
https://gfmag.com/award/award-winners/worlds-best-digital-banks-2023-round-1/
https://gfmag.com/award/award-winners/worlds-best-sub-custodian-banks-2023-2/
Stanbic Bank Botswana is committed towards attainment of our vision to create value for clients and the communities we serve by providing access to digital financial and related solutions that support sustainable growth. Our Letsema 2025 Strategy is a clear, actionable, and measurable roadmap towards attaining this and achieving our growth and performance measures, both financial and Social, Economic and Environmental (“SEE"), for we believe Botswana is our home and we drive her growth.