Capital Bank bullish despite crisis
source: Mmegi
PATRICIA MAGANU
Staff Writer
FRANCISTOWN: Capital Bank has officially launched a branch in Francistown. The bank chairman Hitesh Anadkat said they would like to do business in Francistown even through the rough times.
“We are positive in the long term future of this area,” he stated. He said that Capital Bank opened a branch in Francistown in record time. “The first branch opened in Gaborone last year and we opened a second branch in Francistown in record time,” he said.
He added that when they started applying for the licence, the people and even the central bank wondered if their business will benefit Botswana. He said that the central bank might have wondered how a bank from a small economy like Malawi could compete in a much larger economy with so many international banks.
“They studied us for two years and went through the bank with a [continue reading]
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