Botswana Savings Bank (BSB) recorded a net loss of P3.9 million for the six months ended 30 September 2025, even as its balance sheet expanded to P5.28 billion, according to the lender’s unaudited half-year financial results.
The half-year loss comes despite steady income generation during the period, reflecting continued pressure from operating costs, impairments and funding expenses in a challenging macroeconomic environment marked by tight liquidity conditions across the banking sector.
Total assets rose from P4.96 billion in the prior comparative period to P5.28 billion at the end of September 2025, driven largely by growth in loans and advances as well as investment balances, signalling sustained demand for credit and savings products despite economic headwinds.
Total equity also increased during the period, supported by retained capital and reserves, despite profitability remaining under strain. The bank said its capital position remains sufficient to support operations and its mandate of providing inclusive financial services, particularly to underserved segments of the market.
BSB said it will continue to prioritise cost containment, risk management and balance sheet optimisation in the second half of the financial year as it works to restore profitability amid uncertain economic conditions.