Declaration
Form
Membership
Form
NBC
Form
Booking
Form

BANK OF BOTSWANA CUT RATES AND CAPITAL RATIOS FOR COMMERCIAL BANKS

  • News Image

30 Apr, 2020

Bank of Botswana has reduced rates as follows:

  • Reduction of Bank Rate by 50 basis points from 4.75% to 4.25% and the primary reserve requirement (PRR) from 5% to 2.5%
  • Inflation remains unchanged for the 4th consecutive month at 2.2% in March 2020

Access the full press release at: http://www.bb.org.bw/index.php/business-download-details/did/101/bank-rate-cut-to-4.25-percent/