POSB

The People’s Own Savings Bank (POSB) is a wholly government-owned financial institution operating extensively across Zimbabwe. Established in 1904 as the Post Office Savings Bank, it rebranded in 2001 to its current name, offering a comprehensive suite of banking products. POSB provides savings and current accounts, various loan facilities, mobile banking solutions, remittance services, and foreign currency exchange. It plays a crucial role in fostering financial inclusion, particularly serving individuals and small to medium-sized enterprises throughout urban and rural Zimbabwe, leveraging a wide network of branches and postal agencies.