Follow Us On Facebook

Fullpaper
  • About Us
  • Advertise
  • Disclaimer
  • Contact Us
Monday, April 19, 2021
14 °c
Gaborone
18 ° Mon
18 ° Tue
19 ° Wed
20 ° Thu
  • Login
  • Register
The Patriot On Sunday
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
No Result
View All Result

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

BSB to disburse Social Benefits

March 8, 2021
in Business
285 15
0
BSB to disburse Social Benefits

Nixon Marumoloa

584
SHARES
1.7k
VIEWS
ShareShareShare

The Ministry of Local Government and Rural Development has recently appointed Botswana Savings Bank to disburse social benefits for people with disability, destitute, old Age Pensioners, World War II and Veterans. Through this programme, the BSB customers will each be issued with a Visa debit card to enable them to access and withdraw their cash at their convenience, through their transactional based account. In addition, this facility will create a lot of convenience and security for the clients with no charge on maintenance fee. The use of the Visa debit cards allows the beneficiaries the flexibility and access to their cash at any BSB ATM or any Visa compliant ATM country-wide. This strategic partnership is a commendable milestone for both institutions as it further reinforces their financial inclusion mandate and outreach strategy aimed at providing consumers with simple and easy access to financial education. It has advanced BSB in achieving its financial inclusion mandate as it is partial fulfilment of the strategy and commitment to bank the unbanked population. Botswana Savings Bank mandate supports the Financial Inclusion Roadmap and Strategy, which lays out the national priorities for the enhancement of Financial Inclusion in Botswana. BSB has a mandate to provide affordable financial services to the nation and most importantly take a lead in financial inclusion. This partnership is a true reflection of BSB 2016-2021 strategy, that the bank is determined to provide products for all income groups in Botswana. This milestone is a signal of BSB’s intensified efforts to expand its customer base, its outreach across the country and to continue increasing the Banks revenue growth. Collaboration with Ministry of Local Government & Rural Development ( MLGRD) will enable BSB to reach out to the unbanked segment of market. As a wholly owned government bank, BSB understands the needs of the citizens of this country and the Bank is excited to partner with the Ministry to make a positive change in the lives of Batswana. It is envisaged to provide the unbanked with a modern and dignified banking service. Access to cash is a major challenge particularly in areas where there is no Bank representation. “At BSB we adamantly believe that Financial Inclusion can aid national growth and impact people’s welfare, primarily in areas that have limited access to banking services, which is what the Bank will achieve through this collaboration,” noted BSB’s Chief Executive Officer, Mr Nixon Marumoloa. The year- long contract will cover the following regions and villages in the North; being Mahalapye, Palapye and Serowe; South Centra being: Gaborone, Gabane, Tlokweng, Mogoditshane, Mochudi, Ramotswa and South being: Lobatse, Kanye, Moshopa, Molepolole, Goodhope.

Facebook Comments
Tags: Botswana Savings Bank
Share234Tweet146Share41

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

Unsubscribe

Related Posts

Mining in deep contraction

Mining in deep contraction

April 15, 2021
1.6k

No positive signs of sector recovery yet Mining output drops by 27% in 2020 Q4 Diamond production fell hugely by...

Mining in deep contraction

Mining in deep contraction

April 14, 2021
1.5k

No positive signs of sector recovery yet Mining output drops by 27% in 2020 Q4 Diamond production fell hugely by...

BancABC posts P544.7m revenue

BancABC posts P544.7m revenue

April 14, 2021
1.5k

Hits P422 million on net interest income Suffers 17% decline in profit before tax Board elects not to pay dividend...

Choppies buoyant

Choppies buoyant

March 25, 2021
2.3k

BAKANG TIRO editors@thepatriot.co.bw Choppies Enterprises Limited posted P2 711 million revenue for the six months period ended 30 June 2020...

  • Trending
  • Comments
  • Latest
Alcohol ban divides Cabinet

Alcohol ban divides Cabinet

February 24, 2021
The DIS f$%&@d up my life

The DIS f$%&@d up my life

February 24, 2021
Magosi, Masisi pact crumbles

Magosi, Masisi pact crumbles

March 24, 2021
There will never be true peace unless the insurgents are truly defeated – opinion

There will never be true peace unless the insurgents are truly defeated – opinion

2019 battle of the Manifestos

2019 battle of the Manifestos

BOFEPUSU on 10% salary hike

BOFEPUSU on 10% salary hike

There will never be true peace unless the insurgents are truly defeated – opinion

There will never be true peace unless the insurgents are truly defeated – opinion

April 15, 2021
‘Lies will not define Rwanda’ -Kagame

‘Lies will not define Rwanda’ -Kagame

April 15, 2021
Mining in deep contraction

Mining in deep contraction

April 15, 2021
The Patriot On sunday

© 2021 The Patriot on sunday- Inspired by Search Mart.

Navigate Site

  • About Us
  • Advertise
  • Disclaimer
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders

© 2021 The Patriot on sunday- Inspired by Search Mart.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

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

Log In
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?