People's Own Savings Bank

The Peoples Own Savings Bank, formerly the Post Office Savings Bank, was established in 1904 as a statutory fund to mobilise savings for national development. The Bank commenced its operations through the Post Office infrastructure network. In 1965 the Post Office Savings Bank Act [Chapter 249] was promulgated providing for the administration of the Savings Bank by the Posts and Telecommunications Corporation (PTC) on an agency basis. On April 1, 2001 a new act, The People’s Own Savings Bank of Zimbabwe Act [Chapter 24:22] was promulgated establishing the bank as a corporate body to carry-on the business of a Savings Bank. Our Vision To be the leading provider of sustainable and impactful financial services in a transforming Zimbabwe. Our Mission To provide simple, responsive, innovative and inclusive financial solutions through modern technologies and motivated employees. Our Mandate The Bank derives its mandate from the People’s Own Savings Bank Act [Chapter 24:22] of 1999. The Bank’s main functions are to: • Accept deposits that are repayable with interest. • Provide banking and financial services for the people of Zimbabwe. • Encourage saving by the people of Zimbabwe. • Grant loans and advances to the people of Zimbabwe. Core Values • Integrity • Innovation • Teamwork • Responsiveness Our response to you • Telephone -We promise to answer your call within the first 3 rings. • In-person - Our frontline staff are always available to assist you during the stipulated working hours. • Written - All enquiries will be formally acknowledged and responded to in a timely manner. • Social media - All queries and enquiries sent through our various social media platforms will also be acknowledged and responded to timeously.