Bank Gaborone Limited (Bank Gaborone) is a commercial bank in Botswana. It is a subsidiary of the Capricorn Group.[1]
 | |
| Company type | Subsidiary |
|---|---|
| Industry | Banking |
| Founded | 2006 |
| Headquarters | Gaborone, Botswana |
Key people | Koos Brandt (Chairman) Andre Barnard (Managing Director) |
| Products | Financial services |
| Parent | Capricorn Group |
| Website | www.bankgaborone.co.bw |
As of June 2009[update], the bank had 5 branches and over 30 ATMs throughout the country.[2]
History edit
The Bank of Botswana issued a license to Bank Gaborone Limited to commence with its full retail banking business on 1 February 2006. The bank opened their first branch on Pilane Road, Gaborone during September 2006. Since 2022, the bank boasts 11 branches in the city's main mall, Gamecity Mall, Central business district (Gaborone), Molepolole, Kang, Ghanzi, Maun, Kasane, Francistown, Palapaye and Mahalapye.
Ownership edit
Bank Gaborone is a 100% subsidiary of Capricorn Investment Holdings (Botswana) Limited (CIHB). In turn, CIHB is 94.9% owned by Capricorn Investment Holdings (CIH).[citation needed]
Group Structure edit
Capricorn Investment Holdings owns other financial institutions in whole or in part, including the following:[3]
Botswana
- Capricorn Investment Holdings (Botswana) Limited - 94.9% Shareholding
- Bank Gaborone Limited - 94.9% Shareholding
- Ellwood Insurance Brokers limited - 94.9% Shareholding
- SmartSwitch Botswana Limited - 47.5% Shareholding
- Capricorn Asset Management Limited - 75.2% Shareholding
- Capricorn Capital Limited - 100% Shareholding
- Cyan ES Limited - 100% Shareholding
Namibia
- Bank Windhoek Holdings Limited - 73% Shareholding
- Bank Windhoek - 73% Shareholding
- BW finance Limited - 73% Shareholding
- Welwitschia Nammic Insurance Brokers Limited - 56.7% Shareholding
- Namib Bou Limited - 73% Shareholding
- Santam Namibia Limited - 18.3%Shareholding
- Sanlam Namibia Holdings Limited - 21.5% Shareholding
- Nammic Financial Services Holdings - 100% Shareholding
- GH Group Employee Share Trust - 16.4% Shareholding
Zambia
- Cavmont Capital Holdings Zambia Plc. - 44.5% Shareholding
- Cavmont Capital Bank - 44.5% Shareholding
Branches edit
As of September 2010[update], the bank maintains branches at the following locations: [4]
- Main Branch - Main Mall, Gaborone
- Game City Mall Branch - Gaborone
- Molepolole Branch - Mafenyatlala Mall, Molepolole
- Francistown Branch - Galo Mall, Francistown
- Ghanzi Branch - Ghanzi
- CBD Branch, Gaborone
- Rail park Shopping Mall, Gaborone
- Game city mall, Gaborone
- Airport Junction Mall Gaborone
See also edit
References edit
- ^ https://www.bankwindhoek.com.na/Documents/SpecialEditionNovember2022.pdf
- ^ "Bank Gaborone - About Us". www.bankgaborone.co.bw. Archived from the original on 2017-08-16. Retrieved 2017-08-16.
- ^ "Subsidiaries of the Capricorn Investment Holding Group" (PDF). Archived from the original (PDF) on 2011-07-06. Retrieved 2009-06-01.
- ^ "Bank Gaborone - About Us". www.bankgaborone.co.bw. Archived from the original on 2017-08-16. Retrieved 2017-08-16.