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PEOPLE'S OWN SAVINGS BANK

Head Office Address:

Corner Third Street /Central Avenue,

Harare,

Zimbabwe

Telephone: 793831-7,729701,

Fax: 708537,730971

Telex:

Website: www.posb.co.zw

Postal Address:

P.O BOX CY 1628,

Causeway,

Harare,

Zimbabwe

Type of bank: Savings Bank

Date of establishment: 1904

History:

  • 1904: POSB started operations as the Post Office Saving Bank
  • 1965: Post Office Savings Bank  Act [Chapter 24:10] came into place
  • 1999: People’s Own Savings Bank “POSB/bank” was established as  a corporate body in terms of section 3 of the People’s Own Savings Bank of Zimbabwe Act [Chapter 24:22]
  • 2001: Commercialisation started and resulted into unbundling of Posts & Telecommunications Corporation (PTC) into the following business units: Net-One, Tel-One, Zimpost and POSB.

Ownership: 100% owned by the Government of Zimbabwe

Chairman: Ms. Mathilda Dzumbunu

Chief Executive Officer: Mr. A. Kandlela

Auditors : Comptroller & Auditor General

Number of employees: 453

Number of branches : 34

Number of Agencies : 220 (Zimpost)

                                  18 (Meikles)

 

website designed by RBZ Public Relations Department

© 2015

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