eBusiness Weekly
HARARE – The Central Africa Building Society (CABS) plans to close an additional four branches in Harare and Norton in pursuit of a rationalisation programme.
In August this year, the bank announced the closure of another four branches, one in Nkulumane Bulawayo, Mt Pleasant in Harare as well as Dangamvura and CA House branches in Mutare.
The latest closures will see the Highfield, Highglen and Letombo branches in Harare as well as the Norton branch ceasing operations on January 31, 2020.
“All services will be available at the nearest branches, or any other CABS branch nationwide,” CABS managing director Simon Hammond said in a short statement to customers.
CABS is a subsidiary of Old Mutual Zimbabwe, the country’s largest life assurance company.
The bank offers a diverse range of financial products and services that includes transaction and savings accounts, mobile banking, mortgage loans, money market investments, term deposits and pay-roll loans. – New Ziana
