Stanbic Bank Botswana says its planned listing on the Botswana Stock Exchange (BSE) is aimed at giving citizens an opportunity to own a stake in the bank, rather than raising capital.
The bank opened its Initial Public Offering (IPO) last week Friday, which runs until 27 November 2026, offering a 20 percent stake to individuals and institutional investors.Investors can subscribe to a minimum of 250 shares at P4.30 a share.
Speaking at the BSE Opening Bell Ceremony on Monday, Stanbic Bank Botswana Chief Executive, Chose Modise, the IPO serves as a statement of confidence in the bank, and the future of the country.
He described Stanbic as the fastest growing Tier 1 bank in the domestic market.In the past decade, from 2015 to 2025, the bank’s loan to customers grew from P5 billion to P13.8 billion, while deposits increased from P9.5 billion to P20.3 billion.
In the same period, profit grew from P132 million to P710 million.
“Beyond the numbers is businesses enabled, communities supported, opportunities created, and lives improved,” said Modise.
Stanbic Bank Botswana board chair, Dr. Tebogo Matome, said the bank has a duty to stimulate investment appetite by putting out sustainable investments as a priority for building public confidence
Dr. Matome described the timing to publicly list the bank as the right one.
“The market is ready, and we are ready. We are confident and remain strong on what we have to offer,” he said.
The BSE Chief Executive Officer, Aupa Monyatsi, said capital markets go beyond the capital mobilisation and matching it with opportunity, but about democratisation of wealth. He said Stanbic has strong fundamentals with capital not something it is short of.
Stanbic Bank shares are scheduled to start trading on the BSE on the December 7, 2026.
