• I’M NOT ASKING FOR CHANGE . I’M DEMANDING IT – BOKOJuly 18, 2025
    RelatedPosts I’M NOT ASKING FOR CHANGE . I’M DEMANDING IT – BOKO MPs reject teachers’ motion BDP dilemma President Duma Boko launching the Botswana Economic Transformation Programme (BETP) early this week. This is his address: The general populace of… Read more: I’M NOT ASKING FOR CHANGE . I’M DEMANDING IT – BOKO
  • Power supply crisis dampens economic recoveryJuly 15, 2025
    Outages causing more damage to private sector, BoB warns • Fall in private sector activity will significantly cut tax revenue BAKANG TIRO editors@thepatriot.co.bw RelatedPosts Power supply crisis dampens economic recovery MPs reject teachers’ motion Boko can’t fix Botswana ‘spectacularly’… Read more: Power supply crisis dampens economic recovery
  • MPs reject teachers’ motionJuly 15, 2025
    Parliament votes against Hikuama’s motion BAKANG TIRO editors@thepatriot.co.bw RelatedPosts I’M NOT ASKING FOR CHANGE . I’M DEMANDING IT – BOKO Power supply crisis dampens economic recovery MPs reject teachers’ motion   Parliament on Friday rejected a motion by MP… Read more: MPs reject teachers’ motion
  • Could Immigration be the Answer for Botswana’s Skills Gap?July 15, 2025
      BAKANG PHUTHEGO RelatedPosts Could Immigration be the Answer for Botswana’s Skills Gap? Boko can’t fix Botswana ‘spectacularly’ in three years Mr President, direct appointment is not a panacea for corruption BUSINESS WITH BK   As Botswana approaches its… Read more: Could Immigration be the Answer for Botswana’s Skills Gap?
  • Trollope Botswana International : VACANCIESJuly 14, 2025
    RelatedPosts Trollope Botswana International : VACANCIES STRIDES FOR SUCCESS: VACANICES FARM TRAQUAIR : FARM WORKER
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
  • Login
  • Register
Saturday, July 19, 2025
17 °c
Gaborone
21 ° Tue
22 ° Wed
24 ° Thu
26 ° Fri
The Patriot On Sunday
Subscribe
Advertisement
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
No Result
View All Result
Cart / $0.00

No products in the cart.

  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
No Result
View All Result
The Patriot On Sunday
No Result
View All Result
Home Business

Bank of Baroda Executives buoyant

patriot by patriot
August 5, 2021
in Business
240
0
491
SHARES
1.4k
VIEWS
ShareShareShare

Bank embarks on crucial digital transformation

Business withstood Covid-19 volatility in 2020

RelatedPosts

Power supply crisis dampens economic recovery

Banks in liquidity squeeze

BSB’s net profit jumps 230%

Baroda Executives optimistic for future growth

BAKANG TIRO

editors@thepatriot.co.bw

Bank of Baroda Botswana Limited senior executive leadership managers are confident that the business is poised for strong growth as the bank is embarking on robust digital transformation.

The bank as part of digitalizing its services launched the Baroda M-Connect Plus Mobile banking App and business debit card for the business community as way of improving service delivery to them.

In an interview, Managing Director of Bank of Baroda Shailendra Singh said that the bank is also adopting to the new ways of doing business by launching digital products amidst Covid-19 pandemic.

According to Singh, the bank is very aggressive to the digital platforms so as to unlock growth.

Oozing with confidence, Bank of Baroda MD said that the commercial bank of Indian origin is geared for growth as it has just celebrated 114 days in India and this year marks it 10 years of existence locally.

“The Covid-19 pandemic has fundamentally affected the banking and financial markets at both the domestic and global level. Botswana economy is dependable more on the diamonds sector but the since it has been affected financial services formed part of the cornerstone of economy. And also as the bank we are committed to supporting growth of Botswana’s economy,” he said.

He said that the bank is not in Botswana just for income but is determined to empower Batswana.

Furthermore, Singh said that the bank was not economically affected by the pandemic last year.

In 2020, he said that the overall business performance recorded a positive growth of nearly 20%.

But, he said due to the surge in Covid-19 pandemic this year the bank has been quite challenged.

He stated that Bank of Baroda Botswana’s parent company being the Bank of Baroda India is the second largest bank in India with over 8500 branches adding that bank intends to expand further locally.

Bank of Baroda, he said, it has a growing footprint in key financial markets of Africa that include Kenya, Seychelles, Uganda, Rwanda, Mauritius and Botswana and is present in over 19 countries globally.

The bank according to Singh first started its operations in the port city of Mombasa in Kenya in 1953.

For his part, Bank of Baroda branch chairman Sailesh Kumar says that it is very useful for the customers to be protected against Covid-19 through introducing innovative products for them.

He said that the debit card will also extend convenience to the business community because they will no longer be required to visit the branches physically to do the business transactions.

Furthermore, Kumara indicated that the bank will continue to develop more innovative services.

“We are committed to embark on robust digitilisation of our all banking services. The bank of Baroda is also keen on expanding across the country as we currently have four (4) branches in Botswana with 2 in Gaborone, 1 in Francistown and Plateau respectively. Growth is imminent for the bank because Botswana is one of the fast growing financial markets in Africa as well,” he said.

Related

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
Previous Post

FirstCred: Investing in Growth of Small Enterprises

Next Post

AfCFTA, the long road to Africa’s promised land of trade and prosperity

Related Posts

Power supply crisis dampens economic recovery
Business

Power supply crisis dampens economic recovery

July 15, 2025
Banks in liquidity squeeze
Business

Banks in liquidity squeeze

July 14, 2025
BSB’s net profit jumps 230%
Business

BSB’s net profit jumps 230%

July 9, 2025
Rough diamonds turbulence
Business

Rough diamonds turbulence

July 7, 2025
BVI ships over 500 000 doses of FMD vaccines to SA
Business

BVI ships over 500 000 doses of FMD vaccines to SA

July 2, 2025
BTCL enjoys strong growth
Business

BTCL enjoys strong growth

June 30, 2025
Next Post
AfCFTA, the long road to Africa’s promised land of trade and prosperity

AfCFTA, the long road to Africa's promised land of trade and prosperity

Please login to join discussion
  • I’M NOT ASKING FOR CHANGE . I’M DEMANDING IT – BOKOJuly 18, 2025
    RelatedPosts I’M NOT ASKING FOR CHANGE . I’M DEMANDING IT – BOKO MPs reject teachers’ motion BDP dilemma President Duma Boko launching the Botswana Economic Transformation Programme (BETP) early this week. This is his address: The general populace of… Read more: I’M NOT ASKING FOR CHANGE . I’M DEMANDING IT – BOKO
  • Power supply crisis dampens economic recoveryJuly 15, 2025
    Outages causing more damage to private sector, BoB warns • Fall in private sector activity will significantly cut tax revenue BAKANG TIRO editors@thepatriot.co.bw RelatedPosts Power supply crisis dampens economic recovery MPs reject teachers’ motion Boko can’t fix Botswana ‘spectacularly’… Read more: Power supply crisis dampens economic recovery
  • MPs reject teachers’ motionJuly 15, 2025
    Parliament votes against Hikuama’s motion BAKANG TIRO editors@thepatriot.co.bw RelatedPosts I’M NOT ASKING FOR CHANGE . I’M DEMANDING IT – BOKO Power supply crisis dampens economic recovery MPs reject teachers’ motion   Parliament on Friday rejected a motion by MP… Read more: MPs reject teachers’ motion
  • Could Immigration be the Answer for Botswana’s Skills Gap?July 15, 2025
      BAKANG PHUTHEGO RelatedPosts Could Immigration be the Answer for Botswana’s Skills Gap? Boko can’t fix Botswana ‘spectacularly’ in three years Mr President, direct appointment is not a panacea for corruption BUSINESS WITH BK   As Botswana approaches its… Read more: Could Immigration be the Answer for Botswana’s Skills Gap?
  • Trollope Botswana International : VACANCIESJuly 14, 2025
    RelatedPosts Trollope Botswana International : VACANCIES STRIDES FOR SUCCESS: VACANICES FARM TRAQUAIR : FARM WORKER
The Patriot On Sunday

© 2024 Copyright The Patriot On Sunday - Inspired by Search Mart.

Navigate Site

  • About Us
  • Advertise
  • Disclaimer
  • Contact Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Login
  • Sign Up
  • Cart
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders

© 2024 Copyright The Patriot On Sunday - Inspired by Search Mart.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?