POSB Rolls-out ATMS

The People’s Own Savings Bank (POSB), a leading financial services provider in Zimbabwe, has rolled out 15 advanced Automated Teller Machines (ATMs) across its service centres as part of enhancing customer experience and convenience. This is the first batch of the 30 ATMs project rollout, with more ATMs already on their way to Zimbabwe. Of […]
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POSB and Powertel Sign MoU for Projects Collaboration

Harare, 7 November 2023…Two state enterprises, the People’s Own Savings Bank (POSB)-the country’s only savings bank, and Powertel Communications- the ICT subsidiary of ZESA Holdings, have signed a Memorandum of Understanding (MoU)for projects collaboration. The two State-owned enterprises are organisations working closely towards the attainment of the goals and aspirations of Vision 2030.  The agreement […]
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POSB Celebrates Customer Service Week in Style

POSB joined the rest of the world in celebrating Customer Service Week from October 2 to October 6, 2023. The Bank used the occasion to express its gratitude and recognition to its customers for their loyalty and support and to its frontline staff for their dedication and dexterity when serving customers. Customer Service Week is […]
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POSB Continues Capital Markets High School Quiz Competition Sponsorship

A total of 20 schools from the country’s ten provinces competed in this year’s Capital Markets High School Quiz, held at Management Training Bureau, Msasa, Harare from 21-22 September 2023. The People’s Own Savings Bank (POSB) is a proud sponsor of the quiz competition since its launch last year. The quiz competition is a landmark […]
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Danhiko Paralympic Games End on a High Note

…as POSB chips in with sponsorship The 33rd  edition of the Danhiko Paralympic Games ended on a high note on Saturday, 23 September 2023, with a colourful ceremony that celebrated the achievements of the athletes with disabilities. The three-day event, which was officially opened by the Minister of Sports, Recreation, Arts and Culture, Honourable Kirsty […]
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POSB Continues Capital Markets High School Quiz Competition Sponsorship

A total of 20 schools from the country’s ten provinces competed in this year’s Capital Markets High School Quiz, held at Management Training Bureau, Msasa, Harare from 21-22 September 2023.  The People’s Own Savings Bank (POSB) is a proud sponsor of the quiz competition since its launch last year.  The quiz competition is a landmark […]
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Exhilarating Moments from the 2023 Interbank Games

The 2023 Interbank Games were held at the University of Zimbabwe grounds from 16-17 September 2023. More than 12 banks, including the People’s Own Savings Bank, participated in various sports disciplines such as soccer, volleyball, athletics, basketball, netball, tug of war, among others. The POSB Men’s football team brought home a silver medal after a […]
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POSB thrills motorists in ZINARA Happy Hour Promotion

The People’s Own Savings Bank (POSB) and the Zimbabwe National Road Administration (ZINARA) joined forces to hold a Happy Hour Promotion on Sunday 3 September 2023, at the Shamva tollgate. During the Happy Hour promotion, 1000 lucky motorists who passed through the Shamva tollgate had their toll fees paid by POSB. Customers with POSB accounts also received tokens of appreciation in recognition of […]
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POSB Unveils USD ZIPIT Payments

The People’s Own Savings Bank (POSB) is thrilled to unveil a USD ZIPIT Send and Receive service, a seamless, secure and hassle-free solution for transferring USD funds between POSB and other banks. This is an exciting new banking service that will redefine the way customers handle USD bank-to-bank money transfers.  The USD ZIPIT Send and […]
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POSB Partners ZimTrade to Host Exports Awareness Seminar

Harare, 27 July 2023…. In an effort to support the government’s initiatives to boost exports and generate foreign currency for the country, the People’s Own Savings Bank (POSB) in partnership with ZimTrade will be hosting an exports awareness seminar for local businesses today (27 July 2023) at a local hotel. The thrust of the businesses […]
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POSB Athletics Team Flies High at the Air Force of Zimbabwe’s Charity Marathon

Barely a week after successfully completing the Econet Victoria Falls Marathon, the People’s Own Savings Bank (POSB)’s Athletics Team took on the Commander Air Force of Zimbabwe’s Charity Fundraising Marathon staged on Saturday 8 July 2023 in Hatfield, Harare. The marathon was held to raise funds for the construction of Simuchembu Secondary School in Gokwe […]
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POSB Inspires School Students with Career Guidance and Financial Tips

What do you want to be when you grow up? How do you plan to save and spend your money wisely? These are some of the questions that POSB staff helped students answer at Mt Pleasant High School on Friday 16 June 2023. POSB joined other organisations at the career fair organised by the National […]
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POSB Donates Sanitary Wear to Marimasimbe Secondary School Girls in Gokwe

Midlands Province – 08 June 2023 – The People’s Own Saving Bank (POSB), the leading financial services provider in the country, has donated sanitary wear to Marimasimbe Secondary School girls in Gokwe as part of its contribution towards promoting access to menstrual hygiene products through its ‘Donate a Pad and Keep a Girl in School’ launched […]
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NOTICE  TO THE PEOPLE’S OWN SAVINGS BANK (POSB) STAKEHOLDERS

APPOINTMENT OF MR GARAINASHE CHANGUNDA AS CEO OF THE BANK Please be advised that the POSB Board has with the approval of the Minister of Finance & Economic Development, appointed Garainashe Changunda as the Chief Executive Officer of POSB effective 1 February 2023. Garainashe (affectionately known as Garry) had been serving the Bank as Acting […]
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Notice Of Annual General Meeting

Notice is hereby given that the 6th Annual General Meeting of the People’s Own Savings Bank will be held at its Registered Office in Harare on Wednesday 29 July 2020 at 10:00 am for the purposes tabled below. Stakeholders will be asked to…
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Customer Notice – Exchange Control Directive RV 176 Of 2020

Further to the issue of Exchange Control Directive RV176 of 2020 to operationalize the foreign exchange measures presented in the 2020 Mid Term Monetary Policy Statement, the following should be noted: Standardization of Export Retention Thresholds The export… Customer Notice – Exchange Control Directive RV 176 Of 2020 Further to the issue of Exchange Control […]
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Exchange Control Circular 1 Of 2021

Further to Exchange Control Circular 1 of 2021 dated 11 January 2021 was issued by the Reserve Bank of Zimbabwe to operationalise measures highlighted in the Monetary Policy Committee (MPC) statement,…
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Business Conditions Review Notice April 2021

The People’s Own Savings Bank wishes to advise that the Bank will be reviewing its business conditions effective April 2021.
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