Access Bank Botswana has delayed the release of its audited financial statements for the year ended December 2025, citing an unresolved audit matter that remains under review.
In an update to shareholders, the Botswana Stock Exchange-listed lender said publication of the results has been pushed back because of what it described as a ‘single open matter’ still being assessed as part of the audit process.
The delay extends uncertainty around the bank’s annual performance, particularly as listed companies are expected to publish audited financial statements within regulatory timelines.
Access Bank, however, sought to calm investor concerns, insisting the unresolved issue does not affect the bank’s underlying financial performance, capital adequacy, liquidity position or its ability to continue operating as a going concern.
The lender did not disclose the nature of the outstanding matter, leaving the market with limited clarity on what has held up the final audit sign-off.
The latest announcement follows an earlier cautionary notice issued on March 27 and a subsequent update on April 15, suggesting the delay has persisted for several weeks.
The board said management remains committed to governance, transparency and regulatory compliance, adding that the audit process is expected to be concluded on or before June 3, 2026.
Until then, shareholders have been advised to exercise caution when dealing in the bank’s securities.
While the bank’s reassurance may temper immediate fears over financial distress, prolonged delays in audited reporting tend to unsettle investors, particularly when details of the unresolved issue remain undisclosed.
For a bank, where confidence is currency, opacity can prove almost as damaging as weak numbers.
The focus will now shift to whether Access Bank meets its revised deadline and whether the eventual results provide clarity on what triggered the hold-up.