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InstitutionReviewed 2026-10-23

Bank of Botswana

The Bank of Botswana (BoB; Tswana: Polokelo ya Madi ya Botswana) is the central bank of Botswana.

Sources and references ↗
PROFILE / FACT FILE

Institutional profile

Name
Bank of Botswana [1]
Institution type
Central bank / monetary authority [1]
Jurisdiction / coverage
Botswana, Republic of [1]
Established
1975-07 [2]
Headquarters
Gaborone [2]
Country in background record
Botswana [2]

Institutional role and background

The Bank of Botswana (BoB; Tswana: Polokelo ya Madi ya Botswana) is the central bank of Botswana. [3]

When Botswana gained independence from Britain in 1966, the country was part of the Rand Monetary Area (RMA). In 1974 Botswana withdrew from the RMA, and the Bank of Botswana and Financial Institution Acts established the legal framework for a central bank in Botswana to be established in July 1975, with Christopher H. L. Hermans as the first Governor. The pula was launched as a national currency in 1976, and in 1977 the Bank of Botswana became the government banker. [3]

The Bank manages Botswana's sovereign wealth fund, the Pula Fund. [3]

Selected introductory text by Wikipedia contributors — Bank of Botswana, under CC BY-SA 4.0. Official facts are cited separately.

Institutional history

  1. Establishment date in the institutional background record. [2]

Source-supported connections

Bank of Botswana → Jurisdiction in the BOJ directory → Botswana, Republic of [1]

Frequently asked questions

When was Bank of Botswana established?

1975-07. See the linked source for the institutional record. [2]

Where is Bank of Botswana headquartered?

Gaborone. See the linked source for the institutional record. [2]

RELATION MAP

Bank of Botswana connection map

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Bank of Botswana

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Links retain their source-specific meaning. Award-time affiliations and links to related reading are not claims about current appointments or economic causation.

Sources and review dates

  1. Reference source ↗
  2. Wikidata background facts (CC0) ↗
  3. Wikipedia contributors — Bank of Botswana (CC BY-SA 4.0) ↗

Reviewed 23 October 2026. Historical dates and award-time affiliations retain their original context. A review date is not an event date. Background sources are identified separately from official records.