Business

Bank Gaborone opens new branch in Maun

 

Bank Gaborone, the unlisted bank has opened its latest branch in the tourism town of Maun to service the Ngamiland area, Botswana Guardian has learnt.

The opening of the Maun branch comes a year after the Palapye branch was officially opened. Bank Gaborone Marketing and Corporate Communications Manager, Sandra Mokobi however says the bank is not new to Maun as it has been offering clients unsecured loans through its BG Finance division.

“In pursuing its purpose to be a connector of positive change the bank saw it fit to give the people of Maun a wider range of financial services which would help give them greater access,” said  Mokobi.

Mokobi said as a destination for both tourists and budding entrepreneurs within the tourism sector, Maun was selected by Bank Gaborone to increase its retail prospects and to service both the town as well as those in surrounding areas. 

“BG Finance will however continue to operate from its existing office offering unsecured loans,” said Mokobi. She said the Maun branch offers a suite of products and services ranging from transactional accounts, savings accounts, investment accounts, business banking and SME banking.

The branch also offers treasury services including foreign exchange services, property finance, vehicle finance, and electronic channels including E-pula Internet Banking and Tobetsa mobile banking which provides for convenient banking. 

To show further commitment to servicing their clients with the best products, Mokobi said the bank has launched its new E-pula internet banking to individual customers. She said business clients will be migrated to the new system over the next few months. 

“The new E-pula comes with more security and is more user friendly with a refreshed look and feel,” said Mokobi in a statement. She said Bank Gaborone commits to being an active participant in the Botswana economy by being a catalyst of sustainable opportunity and will continue to explore ways in which it can connect Batswana with a meaningful banking experience. 

The bank was awarded a banking license by Bank of Botswana in February 2006 and has been providing banking services since September 2006 across a network of nine retail branches, 12 BG Finance unsecured lending offices and 17 ATMs spread around the country.