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BFSI Industry

Botswana’s Banking, Financial Services and Insurance industry at inflection point

Factors that detemine the outlook of the BFSI industry

The Banking Financial Services and Insurance industry in Botswana has experienced continued growth over the last 3 years, and its contribution to the country’s Gross Domestic Product (GDP) stands at 5.1%. The size of the banking and insurance industry is currently BWP 4.7 billion in real terms (constant 2006 prices) and BWP 7.9 billion at current prices.