National Development Bank (NDB) has on Tuesday this week launched a new subsidiary called the NDB Insurance Agency.
The Insurance Agency products will be offered through the bank’s partnership with Botswana Insurance Holdings Limited (BIHL), subsidiary companies being Botswana Life and Botswana Insurance Company (BIC).
According to NDB Chief Executive Officer, Lorato Morapedi, the move to form an Insurance Agency was influenced by the amount of investment within the different sectors of the economy by way of financial loans.
“We invest in risky spaces, from start-up businesses where r...
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In this article:Boikanyo Mathipa, Botswana Insurance Company (BIC), Botswana Insurance Holdings Limited (BIHL), Botswana Life, Business, Lorato Morapedi, Minister of Finance and Economic Development, National Development Bank (NDB), NDB Chief Executive Officer, NDB Insurance Agency, the Ministry's Deputy Permanent Secretary responsible for Financial Policy, Voice Money
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