National Building Society opens its doors

May 20, 2016

The National Building Society (NBS), officially opened by Vice-President Emmerson Mnangagwa, has been created out of the national pension scheme and the Workers Compensation Insurance Fund with 60% and 40% stakes respectively.

The bank offers a 9,5% interest rate payable over a 25-year period with 30% of the housing loans reserved for civil servants.