POSB remits record dividend to Mutapa

POSB chief executive Garainashe Changunda

THE People’s Own Savings Bank (POSB) has remitted a record US$5,14 million dividend payout to its shareholder, the Mutapa Investment Fund (MIF), following a strong financial performance during the year ended December 31, 2025. During the year under review, the state-owned lender raked in US$54,15 million in revenue driven by strong customer acquisition efforts which…

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