Crunch Time As CABS Begins Shutting Down Branches
One of the country’s biggest banks the Central Africa Building Society (CABS) has started feeling the crunch economic time the country is experiencing forcing the big bank to start shutting down some of its branches.
The long serving bank on Monday announced that it is closing down the Malbereign and Mabvuku branches and merging them into Westgate and Greendale branches respectively.
The merger will be effective from December 29, 2019.
The notice by the bank which claims that the shut down of the branches is due to its digitalisation programme reads as follows:
NOTICE: Merger of CABS Branches in Harare.
Please be advised that in line with our drive towards digitalisation, we are merging the following branches with effect from 29 December 2018.
Merging Mabelreign Branch into Westgate Branch and
Merging Mabvuku Branch into Greendale Branch.
All services will be available at the merged branch and the CABS branches nationwide. We encourage you to make use of our digital channels via mobile or internet banking.
If you require any further information please call us on (024) 2 883822/3.
We thank you for your continued support and valued banking relationship with CABS.
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