Botswana stretches financial inclusion to remote areas

Source: Xinhua| 2019-02-20 10:05:21|Editor: Xiaoxia
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GABORONE, Feb. 19 (Xinhua) -- The government-owned Botswana Savings Bank (BSB) on Tuesday announced that it has embarked on a program to take financial education to the nation's Kgalagadi North and Ghanzi districts.

Kgalagadi is a district in southwest Botswana, lying along the country's border with Namibia and South Africa, while Ghanzi is in western Botswana, bordering Namibia.

"The drive is to educate and instill a sense of financial awareness among Batswana. This will be achieved through the different activations and engagement platforms," said Bomolemo Selaledi, head of marketing and corporate affairs at BSB.

She said the tour will address the public on issues of budgeting, savings, investment and other money matters, and also enable account opening and loan processing on site.

Botswana Savings Bank is mandated to support the country's Financial Inclusion Roadmap and Strategy 2015-2021, which lays out the national priorities for the enhancement of financial inclusion in Botswana.

"At BSB we adamantly believe that financial inclusion can aid national growth and impact people's welfare, primarily in areas that have limited access to banking services, which is what resulted in the currently ongoing financial education drive," Selaledi said.

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