Post Office Savings Bank (POSB) is a savings bank owned wholly by the government of Zimbabwe. Founded in 1904, it was split up in 2001. This was a move to commercialize the bank and resulted in the creation of Net-One, Tel-One, and Zimpost and a standalone bank still called POSB..
|Admore Kandlela - CEO|
|Owner||Government of Zimbabwe|
Number of employees
In 2016, the bank was fined $500 000 by the Reserve Bank of Zimbabwe after some of its employees reportedly took pictures of bond notes in the bank's vault and posted them on social media. The Reserve Bank was about to release the bond notes into circulation and possibly was safeguarding against counterfeiting.
Today's Top Pindula News2019-03-20T00:53:35Z
- POSB, retrieved: 10 Jul 2018
- POSB fires employees for leaking bond notes images. Bank fined $500 000 ⋆ Pindula News, Pindula News, published: 28 Nov 2016, retrieved: 10 Jul 2018