Zimbabwe: Cabs Closes Branches

5 December 2019

OLD Mutual subsidiary, the Central Africa Building Society (CABS), plans to close four more branches in Harare and Norton by end of next month as the financial institution rationalises its business model in response to tough operating environment.

In August this year, the bank closed four branches in Bulawayo, Harare and Mutare. The latest closures will see the Highfield, High-Glen and Letombo branches in Harare as well as the Norton branch ceasing operations on January 31, 2020.

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