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Home » FNBB at 35: Three and a Half Decades of Banking Botswana’s Economic Journey
Governance

FNBB at 35: Three and a Half Decades of Banking Botswana’s Economic Journey

Fantastic MomentsBy Fantastic MomentsSeptember 10, 2026No Comments2 Mins Read
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Thirty-five years in business is more than a corporate milestone. It is a reflection of how deeply an institution can become woven into the economic and social fabric of a country. This was shared by FNBB CEO Steven Bogatsu at the bank’s financial results ending year June 30 at Hotel430 in Gaborone on Wednesday.

As FNBB marks 35 years of existence, its latest financial results provide a snapshot of an institution that has evolved alongside Botswana — from traditional banking to digital financial services, SME development, financial inclusion and broader community investment.

The scale of its current operations is significant. FNBB reported 768,000 active customers in 2026, while customer deposits increased by 7% to P28.3 billion. Profit before tax rose by 12% to P2.117 billion, while non-interest revenue increased by 30% to P2.313 billion.

But the impact of a 35-year-old financial institution cannot be measured by financial performance alone.

FNBB’s current strategy is built around what it calls “Shared Prosperity” — using core business activities to create value not only for shareholders, but also for clients, employees and communities. Its focus areas include sustainable finance, SME development, sustainable procurement, financial inclusion and human and social development.

That philosophy is visible in the bank’s economic contribution. During FY2026, its Citizen Entrepreneurial Empowerment Programme portfolio advanced P354 million, exceeding its P250 million target and supporting approximately 3,413 jobs. The bank also spent P760 million with local suppliers, representing 90.5% of procurement spend.

Its community investment footprint is equally notable. Through the FNB Foundation, sponsorships and community programmes, P19 million was invested during the year, positively impacting more than 16,000 lives and supporting 441 businesses.

The bank has also invested in sports, arts, education and youth development, while digital platforms such as eWallet and Cashplus have expanded access to financial services.

After 35 years, FNBB’s story is therefore bigger than banking. It is a story of adaptation — responding to how Batswana live, work, transact and build businesses.

The next chapter will require the same ability to evolve. With Botswana pursuing greater economic diversification and digital transformation, FNBB’s challenge and opportunity will be to continue financing, connecting and enabling the people and businesses that will shape the country’s next 35 years.

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Previous ArticleStanbic Bank Botswana leads dialogue on Botswana’s business competitiveness
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