First National Bank of Botswana Ltd operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares First National Bank of Botswana Ltd with three other
companies in this sector in BOTSWANA :
Absa Bank Botswana Ltd
sales of 1.99 billion Botswana Pula [US$175.06 million]
of which 59%
was Retail & Business Banking),
African Banking Corporation of Botswana Ltd
(871.38 million Botswana Pula [US$76.77 million]
of which 43%
was Retail Banking), and
Standard Chartered Bank Botswana Ltd
(1.09 billion Botswana Pula [US$95.63 million]
of which 48%
was Retail Banking).
During the year ended June of 2019, sales at
First National Bank of Botswana Ltd were 2.76 billion Botswana Pula (US$243.14 million).
increase of 7.1%
versus 2018, when the company's sales were 2.58 billion Botswana Pula.
This was the fifth consecutive year of sales increases at First National Bank of Botswana Ltd
(and since 2014, sales have increased a total of 35%).
Sales of Rand Merchant Bank saw an increase
that was more than double the company's growth rate: sales were up
15.9% in 2019, from
249.80 million Botswana Pula to 289.54 million Botswana Pula.
First National Bank of Botswana Ltd also saw significant increases in sales in
Treasury and International Trade (up 9.7% to 823.52 million Botswana Pula)
Not all segments of First National Bank of Botswana Ltd experienced an increase in sales in 2019:
sales of Wesbank fell 0.2% to 128.13 million Botswana Pula.
(However, this segment's sales were only a very small portion of the company's overall sales).