CABS to close more branches

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

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