Bank profits rise to P1.7bn
Thursday, November 03, 2022 | 1370 Views |
![Supervising: The Bank of Botswana’s oversight includes banks and their stability](https://cdn4.premiumread.com/?url=https://www.mmegi.bw/mmegi/uploads/images/2022/11/03/55126.jpg&w=800&q=72&f=jpg)
Supervising: The Bank of Botswana’s oversight includes banks and their stability
Bank of Botswana figures released recently indicate that the difference between the two periods was higher net interest income and significantly lower provisions for bad or doubtful debts.
Commercial banks’ net interest income in the first eight months of this year reached P3.2 billion compared to P2.9 billion over the same period last year, while the provisions for bad debts were measured at P87 million this year, compared to P279.3 million last year.
These roads, which are vital conduits for trade and tourism, have long been in dire need of repair. However, while this development is undoubtedly a positive step, it also raises questions about broader issues of infrastructural management and road safety that deserve closer scrutiny.The A3 and A33 roads are not just any roads, they are critical arteries that connect Botswana to its neighbours and facilitate the movement of goods and people...