Absa Bank Botswana Ltd 2024 IR
The report highlights Absa Bank Botswana Limited's financial and sustainability performance for the fiscal year 2024. The bank achieved a record profit before tax of BWP 1.1 billion, representing a 27.3% year-on-year increase, and improved its cost-to-income ratio to 49.7%. Key sustainability milestones included becoming the first financial services organization in Botswana to join the United Nations Global Compact and executing a tap issuance on its sustainable bond, raising the total nominal value to BWP 80 million. Additionally, the bank disbursed BWP 273.2 million in financing to small and medium-sized enterprises to support financial inclusion and local economic development.
Company: Absa Bank Botswana Ltd
Sector: Financials
Country: Botswana
Year: 2024
Type: IR
Pages: 182
Absa Bank Botswana Ltd
Integrated Report
The report highlights Absa Bank Botswana Limited's financial and sustainability performance for the fiscal year 2024. The bank achieved a record profit before tax of BWP 1.1 billion, representing a 27.3% year-on-year increase, and improved its cost-to-income ratio to 49.7%. Key sustainability milestones included becoming the first financial services organization in Botswana to join the United Nations Global Compact and executing a tap issuance on its sustainable bond, raising the total nominal value to BWP 80 million. Additionally, the bank disbursed BWP 273.2 million in financing to small and medium-sized enterprises to support financial inclusion and local economic development.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
May 30, 2025
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 2:
Energy Consumption
Women on Board
Women in Management
Employees