BOB
Grade C
Bank of Botswana · Botswana · Official register
License facts
What it takes to hold this license, from the TrustFinance regulator database.
Authorized capital
363,000+
required to operate
Time to obtain
3-24 Months
typical licensing process
TrustFinance grade
of A to D
Requirements to get licensed
Main requirements
- Copies of the founders' passports
- Diplomas confirming education in finance
- Certificates of criminal records
- Registration of the Company
- Proof of Capital Stock
- Business plan outlining key operating assets, market strategies, financial estimates, and risk management measures.
- AML/KYC Procedures
- Corporate Bank Account
- Physical Office
About this regulator
The Bank of Botswana serves as the country's central bank, established to manage Botswana's monetary and fiscal policies. It oversees the nation's financial stability, currency issuance, and banking regulation. Additionally, it implements monetary policies aimed at maintaining price stability while supporting economic growth. The Bank also plays a pivotal role in the development of financial markets, regulation of financial institutions, and safeguarding the value of the national currency.
Companies holding this license
Companies on record, each linking to its verification page.