Botswana: Financial Sector Assessment Program-Technical Note on Assessment of Systemic Risks and Vulnerabilities for Banks

Botswana

WASHINGTON, 05 March 2024 / PRN Africa / -- Summary:is a small, open economy with a highly concentrated financial sector comprising banks and sizeable non-bank financial institutions (NBFIs). Financial institutions hold adequate capital and liquidity and show moderate profitability. The interconnectedness between banks and NBFIs, and banks’ large exposures to unsecured household debt could increase financial sector vulnerability.

SOURCE International Telecommunication Union (ITU)