The People’s Own Savings Bank, formerly the Post Office Savings Bank, was established in 1904 to mobilise savings for national development. The Bank commenced its operations through Post Office infrastructure network. Since its creation, the Bank operated as a statutory fund with no legal entity status. In 1965 the Post Office Savings Bank (Chapter 249) was promulgated providing for the administration of the Savings Bank by the Posts and Telecommunications Corporation (PTC) on an agency basis. This position remained so until April 1 2001 when 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 VISION “To be a world class Savings Bank catering for all” A key focus over the next five years that will be pursued by POSB in the realization of its vision is “To be a well capitalised, profitable and financially inclusive savings bank servin