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Category: posb

POSB ATTAINS EOSD SUSTAINABILITY CERTIFICATION

…Certification affirms the Bank’s commitment to sustainable, inclusive and value-driven banking  The People’s Own Savings Bank (POSB) has attained international Sustainability Certification from the European Organisation for Sustainable Development (EOSD) under the Sustainability Standards and Certification Initiative (SSCI). The official certification ceremony was held in Germany on 27 August 2026. The certification marks a significant […]

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POSB Declares Record US$5.1 Million Dividend as Transformation Strategy Delivers Strong Shareholder Value

Harare, 22 July 2026… The People’s Own Savings Bank (POSB) today declared a record dividend of US$5,138,997 at its 12th Annual General Meeting (AGM) held at the Hyatt Regency Harare (formerly Meikles Hotel), highlighting another year of strong financial performance, strategic transformation and sustainable growth. The dividend continues an impressive growth trajectory, rising from US$216,334 […]

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POSB and AFC Insurance Sign Bancassurance Partnership

Harare, Zimbabwe, Tuesday 16 June 2026… The People’s Own Savings Bank (POSB) has entered a strategic bancassurance partnership with the AFC Insurance Company, marking a significant step in expanding integrated financial solutions for customers across Zimbabwe. Through this partnership, POSB will offer a comprehensive suite of insurance products, including agriculture insurance covering both crop and […]

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POSB Joins the UNEP Finance Initiative & Signs the Principles for Responsible Banking

Harare, Zimbabwe – 7 April 2026…The People’s Own Savings Bank (POSB) is pleased to announce that it has become the first bank in Zimbabwe to be a signatory to the United Nations Principles for Responsible Banking (PRB). This global framework developed by banks worldwide alongside the United Nations Environment Programme Finance Initiative (UNEP FI), guides […]

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POSB Achieves International Credit Rating of BBB (Stable Bank)

A Defining Milestone in the Bank’s Transformation Journey Harare, 13 March 2026…POSB has achieved a major milestone in its transformation journey after receiving an International Credit Rating of BBB with a Stable Outlook from the International Credit Rating Agency (ICRA) recently. This significant achievement positions POSB among internationally rated financial institutions and affirms the Bank’s […]

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