Operating Banking Institutions
PEOPLE'S OWN SAVINGS BANK
Head Office
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)