Company: First National Bank of Botswana
Country: Botswana
Sector: Major Banks
CEO: Steven Lefentse Bogatsu
Website: https://www.fnbbotswana.co.bw
Careers Page: https://www.fnbbotswana.co.bw/careers/
LinkedIn: https://bw.linkedin.com/company/fnb-botswana
Email: Not publicly listed
Headquarters: Gaborone, Botswana
Founded: Not publicly listed
Valuation/Revenue: $861.0m market value (African Business Top 250, 2025)
First National Bank of Botswana (FNBB) is one of Botswana’s largest commercial banks, offering retail, business and corporate banking services and operating as the Botswana subsidiary of South Africa’s FirstRand Group. It is listed on the Botswana Stock Exchange and operates an extensive branch and digital banking network across the country, including retail banking kiosks located inside partner supermarkets.
What Does First National Bank of Botswana Do?
FNBB provides a broad range of banking products, including transactional accounts, personal and business loans, credit cards, foreign exchange, trade finance, and cash management, investment and insurance solutions for corporate clients. The bank has expanded its retail footprint beyond traditional branches through partnerships with retailers such as Pick n Pay, converting some former Score supermarket sites into FNBB kiosks to extend access in areas like Lobatse, Gaborone and Francistown, and it operates an extensive ATM and point-of-sale network across Botswana.
Is First National Bank of Botswana Legit?
Yes. FNBB is a long-established, publicly listed bank regulated by the Bank of Botswana and is part of the FirstRand Group, one of South Africa’s largest and most respected banking groups. It publishes regular audited financial results, including integrated annual reports, and is one of the most prominent and widely used retail banks in Botswana.
Who Owns First National Bank of Botswana?
First National Bank of Botswana operates as part of the FNB network under South Africa’s FirstRand Group, which holds a controlling interest in the Botswana entity, consistent with FirstRand’s broader strategy of operating FNB-branded banking subsidiaries across multiple Southern and East African markets, including South Africa, Namibia, Zambia, Eswatini, Ghana, Tanzania and Lesotho. The remaining shares in FNBB trade on the Botswana Stock Exchange.
Who Is the CEO of First National Bank of Botswana?
Steven Lefentse Bogatsu serves as Chief Executive Officer of First National Bank of Botswana, having previously led FNB’s operations in Eswatini (formerly Swaziland) before taking up the Botswana role within the FNB/FirstRand group’s regional executive network. His cross-border move between FNB subsidiaries reflects a common pattern within FirstRand, which regularly rotates senior executives among its various African banking operations to share expertise and management practices across markets.
How Do I Apply for a Job at First National Bank of Botswana?
FNBB advertises vacancies through a dedicated careers section on its corporate website, as well as through the wider FirstRand/FNB group’s regional recruitment channels and Botswana job platforms. As with other well-known financial brands, applicants should apply only through FNBB’s official careers page or verified FirstRand recruitment portals to avoid recruitment scams impersonating the bank.
How Big Is First National Bank of Botswana?
According to African Business magazine’s Top 250 companies in Africa list for 2025, First National Bank of Botswana carried a market value of roughly $861 million. The bank has historically been one of Botswana’s most profitable listed companies and operates roughly 130 ATMs and more than 4,000 point-of-sale terminals nationwide, reflecting its scale relative to Botswana’s small overall population and banking market.
Is First National Bank of Botswana Publicly Traded?
Yes. FNBB trades on the Botswana Stock Exchange and is consistently one of the exchange’s largest and most heavily weighted constituents, given the bank’s size relative to Botswana’s overall equity market.
How Does First National Bank of Botswana Compare to Its Competitors?
Within Botswana, FNBB’s principal rivals include Barclays/Absa Bank Botswana, Standard Chartered Bank Botswana and Stanbic Bank Botswana, with FNBB and Absa historically ranked among the top two or three banks by assets and profitability in the country. As part of the wider FirstRand/FNB group, it also benefits from shared technology, risk management and product development resources deployed across FirstRand’s other African subsidiaries.
Links
Website: https://www.fnbbotswana.co.bw
Careers Page: https://www.fnbbotswana.co.bw/careers/
LinkedIn: https://bw.linkedin.com/company/fnb-botswana
Email: Not publicly listed
FAQ
Is First National Bank of Botswana legit? Yes, it is a Botswana Stock Exchange-listed bank regulated by the Bank of Botswana and part of South Africa’s FirstRand Group.
Who owns First National Bank of Botswana? FirstRand Group of South Africa holds the controlling interest, with the remainder traded on the Botswana Stock Exchange.
Who is the CEO of First National Bank of Botswana? Steven Lefentse Bogatsu.
How big is First National Bank of Botswana? Roughly $861 million in market value per African Business’s 2025 Top 250 ranking.
Where is First National Bank of Botswana headquartered? Gaborone, Botswana.
Is FNB Botswana the same as FNB South Africa? No, it is a separate, Botswana-incorporated and Botswana Stock Exchange-listed subsidiary within the broader FirstRand/FNB group.