Bank Gaborone
Encyclopedia
Bank Gaborone Limited, commonly known as Bank Gaborone, is a commercial bank in Botswana
.
issued a license to Bank Gaborone Limited to commence with its full retail banking business on February 1, 2006. Bank Gaborone opened their first branch on Pilane Road, Gaborone
during September 2006. Since then, three more branches have been opened; one each in the Main Mall, City Mall, and Francistown
. By June 2009, the bank had over 30 ATMs around the country to provide access to their services where the bank did not have branches.
Botswana
Namibia
Zambia
Botswana
Botswana, officially the Republic of Botswana , is a landlocked country located in Southern Africa. The citizens are referred to as "Batswana" . Formerly the British protectorate of Bechuanaland, Botswana adopted its new name after becoming independent within the Commonwealth on 30 September 1966...
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History
The Bank of BotswanaBank of Botswana
The Bank of Botswana is the central bank of Botswana.When Botswana gained independence from Britain in 1966, the country was part of the Rand Monetary Area. In 1974 Botswana withdrew from the RMA, and the Bank of Botswana and Financial Institution Acts established the legal framework for a central...
issued a license to Bank Gaborone Limited to commence with its full retail banking business on February 1, 2006. Bank Gaborone opened their first branch on Pilane Road, Gaborone
Gaborone
' is the capital and largest city of Botswana with a population of 191,776 based on a 2006 survey, about 10% of the total population of Botswana....
during September 2006. Since then, three more branches have been opened; one each in the Main Mall, City Mall, and Francistown
Francistown
Francistown or Nyangabgwe is the second largest city in Botswana, with a population of about 85,363, and often described as the "Capital of the North". It is located in eastern Botswana, about north-northeast from the capital, Gaborone...
. By June 2009, the bank had over 30 ATMs around the country to provide access to their services where the bank did not have branches.
Ownership
Bank Gaborone is a 100% subsidiary of Capricorn Investment Holdings (Botswana) Limited (CIHB). In turn, CIHB is 94.9% owned by Capricorn Investment Holdings (CIH).Group Structure
Capricorn Investment Holdings owns other financial institutions in whole or in part, including the following:Botswana
- Capricorn Investment Holdings (Botswana) Limited - 94.9% Shareholding
- Bank Gaborone Limited - 94.9% Shareholding
- Ellwood Insurance Brokers limited - 94.9% Shareholding
- SmartSwitch Botswana Limited - 47.5% Shareholding
- Capricorn Asset Management Limited - 75.2% Shareholding
- Capricorn Capital Limited - 100% Shareholding
- Cyan ES Limited - 100% Shareholding
Namibia
- Bank Windhoek Holdings Limited - 73% Shareholding
- Bank Windhoek LimitedBank WindhoekBank Windhoek Limited, commonly referred to as Bank Windhoek, is a commercial bank in Namibia. It is one of the five commercial banks licensed to operate in the country by the Bank of Namibia, the national banking regulator.-Overview:...
- 73% Shareholding - BW finance Limited - 73% Shareholding
- Welwitschia Nammic Insurance Brokers Limited - 56.7% Shareholding
- Namib Bou Limited - 73% Shareholding
- Santam Namibia Limited - 18.3%Shareholding
- Sanlam Namibia Holdings Limited - 21.5% Shareholding
- Nammic Financial Services Holdings - 100% Shareholding
- GH Group Employee Share Trust - 16.4% Shareholding
Zambia
- Cavmont Capital Holdings Zambia Plc. - 44.5% Shareholding
- Cavmont Capital Bank - 44.5% Shareholding
Branches
, the bank maintains branches at the following locations:- Main Branch - Main Mall, GaboroneGaborone' is the capital and largest city of Botswana with a population of 191,776 based on a 2006 survey, about 10% of the total population of Botswana....
- Game City Mall Branch - GaboroneGaborone' is the capital and largest city of Botswana with a population of 191,776 based on a 2006 survey, about 10% of the total population of Botswana....
- Molepolole Branch - Mafenyatlala Mall, MolepololeMolepololeMolepolole is Botswana's biggest village. It lies in the south east of the county. The people who reside in Molepolole are the Bakwena, who are one of the eight major tribes in Botswana. The Bakwena chief was among the three chiefs who went to England to seek protection from the British in the...
- Francistown Branch - Galo Mall, FrancistownFrancistownFrancistown or Nyangabgwe is the second largest city in Botswana, with a population of about 85,363, and often described as the "Capital of the North". It is located in eastern Botswana, about north-northeast from the capital, Gaborone...
- Ghanzi Branch - GhanziGhanziGhanzi is a town in the western part of the Republic of Botswana in southern Africa. At the time of the 2001 census, there were 9,934 people living in the town with another 861 nearby. It is the administrative center of Ghanzi District and is known as the "Capital of the Kalahari"...