Barclays Botswana completes transformation to Absa

Monday, February 10, 2020

Unveiling of Absa Bank Botswana Head Office. PIC. PHATSIMO KAPENG

Barclays Bank Botswana this morning officially launched its new identity as Absa Bank Botswana Ltd, marking the finalisation of a change that began more than seven years ago.

The P17 billion deal under which the Absa Group acquired the African operations of Barclays Plc has gone through various key stages, with the rebranding exercise marking the final step.

Speaking at the official brand launch, Absa Bank Botswana managing director, Keabetswe Pheko-Moshagane said the occasion was a “new dawn” for the bank, which is the country’s second oldest.

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