23 February 2018
   
New Zimbabwe Header
Mujuru to Mnangagwa: no hard feelings
Eyebrows as ED's pal in Mthwakazi project
Govt peace maker too weak, Mujuru coalition
AU experts to help ZEC before & after polls
Harare war as cops shoot two dead
$15bln fraud: Mpofu refuses to talk in Parly
Govt to pay bonuses in time for elections
Congress will happen: defiant Mwonzora
MORE NEWS
Diamond sales resume after one-year break
Corruption won't be tolerated: Mpofu
MORE BUSINESS
Deadline for Zim Achievers nominations
UK: Ammara, Stunner, Ex-Q at London’s O2
MORE SHOWBIZ
I never got cards in Zim: Hadebe
Sepp Blatter urges World Cup Africa return
MORE SPORTS
Morgan Tsvangirai a dear, just leader
New era: Changing Zimbabwe’s past
MORE OPINION
 
Tsvangirai aide farewell to iconic boss
In the aftermath of Tsvangirai's death
MORE COLUMNISTS
 
 
CABS to rebrand, refurbish branches
08/07/2014 00:00:00
by The Source
 
 
RELATED STORIES
Banks hit by high youth loan defaults

THE country’s biggest mortgage lender, Central African Building Society (CABS), is set to rebrand and refurbish its branches this month to improve service, a company official said.

“We are in the final stages of preparing to rebrand our corporate identity in July 2014.  Whilst we will maintain the brand name CABS, the general outlook of the brand will be enhanced and modernized,” the bank’s managing director, Kevin Terry said in a circular to customers seen by The Source on Tuesday.

He said in line with the rebranding exercise, which will be done in phases, the society’s branches would also be refurbished “to improve customer experience.”

Among branches to be refurbished is the Chisipite branch scheduled for opening in September.

“Our stationery and uniforms will also be aligned with the new brand,” he said.

Among its latest developments, CABS has also introduced a new service, DirectInject which enables the processing of bulk payments into CABS ordinary and closed card scheme accounts.

“The system is now live and is being used, primarily, for salary and wage transfers and for payments to support agricultural commodities’ purchases,” said Terry.

He said loans worth $2,8 million had been advanced  to parents and guardians under the CABS School Card Scheme, a revolving credit scheme which enables them to pay for schools fees and related expenses launched at the beginning of this year.

The scheme, which 20 schools have so far signed onto, has a repayment period of four months and is open to schools that belong to the Association of Trust Schools (ATS).

Meanwhile, in another circular, the society said it will be introducing a new savings account, CABS Savings Plan next month and will pay three percent interest per annum among other benefits.

Minimum balances range between $250 and $1000 depending on the type of account held.


Advertisement


 
Email this to a friend Printable Version Discuss This Story
Share this article:

Digg it

Del.icio.us

Reddit

Newsvine

Nowpublic

Stumbleupon

Face Book

Myspace

Fark

 
 
 
comments powered by Disqus
 
RSS NewsTicker