| Type | Private |
|---|---|
| Industry | Banking |
| Founded | 2008 |
| Headquarters | Gaborone, Botswana |
| Key people | Hitesh Anadkat, Chairman Sriram Gade, Chief Executive Officer |
| Products | Loans, Savings, Checking, Investments, Debit Cards, Credit Cards, Mortgages |
| Total assets | US$ 125 million (2010)[1] |
| Website | Homepage |
Capital Bank Limited, commonly known as Capital Bank, is a commercial bank in Botswana. It is owned by First Merchant Bank of Malawi, and others, including Botswana nationals. In that respect, it is one of the few commercial banks in Botswana, in which nationals of Botswana own a stake.[2]
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The bank began operations in 2008, following the issuance of its banking license by the Bank of Botswana, the national banking regulator. Capital Bank introduced Internet banking in 2009 and Visa Debit Cards in 2010.[3]
Among the shareholders of Capital Bank are First Merchant Bank of Malawi (FMB), a leading financial services provider in Malawi, whose shares are listed on the Malawi Stock Exchange. Other share holders include Mmapula Modise, a national of Botswana, Raj Patel both resident in Botswana. The table below summarizes the shareholders of Capital Bank.[4]
| Major Shareholders of Capital Bank | |||||||||||||||||
BranchesAs of July 2011, Capital Bank maintains its headquarters at 17954 Old Lobatse Road, Gaborone, Botswana's capital city and another branch in Francistown, Botswana's second-largest city, in the northeast of the country.The current record shows estimated employee size 250-499.[6] The list of branches of the bank are at the following locations:
External linksSee alsoReferences
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