Mar 06, 2019

Gaborone: Following its previous listing on the Botswana Stock Exchange Limited (BSEL) in December 2018, BancABC has widened its product and service offerings to broader Botswana by introducing four Service Centres in Letlhakane, Ghanzi, Molepolole and Kanye. Of the four Centres, Kanye and Molepolole are now open for business, with Ghanzi and Letlhakane openings to be opened before close of this first quarter (Q1).

As part of the promise to investors and customers following the BSEL listing, BancABC promised to direct direct some funds towards improving our IT infrastructure. As a result, and in continued efforts to improved its bouquet of offerings, BancABC in December 2018, underwent a core banking upgrade, which was then closely followed by a system migration which was completed in February 2019.

The Bank’s Country Head of Marketing and Communications, Polelo Kilner said, “Among the elements in our 2019 strategy, is our aim to transform our customers’ experience, and key to this, is making our products and services more accessible. The Service Centres are a testament to our being on the right track regarding fulfilling a critical element of our strategy”.

The two new locations are the first in a series of four centres to be opened in Q1 2019, which will also include Ghanzi and Letlhakane. Aside from cash transactions, the Centres will allow customers in the said areas, access to the following services:

  • Current Account Opening
  • Savings Account Opening
  • Card Collections
  • Statements
  • Mobi and Online Banking Registration
  • BancAssuarance Products
  • Vehicle Asset Finance Applications
  • Home Loan Applications
  • General Enquires

Concluded Kilner, “Our new IT infrastructure not only allows affords us the ability to efficiently service our growing customer base, it also means our current customers can look forward to a 360 improvement from BancABC. We would just like take this opportunity to thank our customers for their patience throughout this journey and look forward to them enjoying our new and improved offerings”.

About Atlas Mara

Atlas Mara ( was listed on the main market of the London Stock Exchange in December 2013. Atlas Mara's strategy is to create Sub-Saharan Africa's premier financial services institution through a combination of its experience, expertise and access to capital, liquidity and funding.

Its goals are to combine the best of global institutional knowledge with extensive local insights and to support economic growth and financial inclusion in the countries in which it operates.

About BancABC

BancABC Botswana is a part of the Atlas Mara Group. Our vision is to be the trusted local bank in Botswana, offering world-class solutions and building profitable, lifelong customer relationships through the provision of a wide range of innovative financial products and services to benefit all stakeholders. BancABC in Botswana, Mozambique, Tanzania, Zambia and Zimbabwe.

The group offers a diverse range of products in corporate banking, treasury services, retail & SME banking, asset management and stockbroking.