Read time: 3 minutes

Botswana Savings Bank announces strategic software investment

Botswana Savings Bank announces strategic software investment

Botswana Savings Bank (BSB), a financial institution wholly owned by Botswana government, has announced plans to adopt an integrated self-service banking platform BankWorld designed by CR2.

Boikhutso Tekane, director of support services at BSB, said the development will help the bank rollout ATM services and mobile banking solutions designed by CR2, an international leading multi-channel banking software provider.

"The CR2 BankWorld platform has the ability to take the bank forward, provide innovative, self service products for customers and reach new target segments," said Tekane.

"On our new frontier of growth, we are pleased to have CR2 as a strategic partner in the rollout of multi-channel services," Tekane added.

BSB plans to refocus its customer strategy and product mix, in line with the ongoing process to merger the bank with BotswanaPost.

The merger is also expected to help the bank reach more of the country's unbanked population through the BotswanaPost' s network of over 121 offices and 43 agencies across the country, covering some of the most remote areas.

Commenting on the development, Mike Brady, Chief Operating Officer at CR2 said: "We have really welcomed this partnership with Botswana Savings Bank.

We are excited to leverage the power of BankWorld to maximise the IT infrastructure and reach of the Bank."

According to CR2 projected roll out of ATM services including cardless access and SMS capabilities in addition to VISA card issuing and acquiring is expected this month.

Daily newsletter