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Central African Building Society

CABS signs MoU with travel firm

The Central African Building Society (CABS) has signed a memorandum of understanding (MOU) with local travel firm Four Faces that should see the latter’s Holiday Clubs membership cards hosting basic banking functions.

Three get $279 000 after bank error

Three people are in trouble for squandering different amounts of money amounting to nearly $279 000 that was erroneously deposited into their accounts by the Central African Building Society (CABS) following technical glitches at the financial institution last year.

CABS assets surpass $1billion

Old Mutual’s mortgage lending unit Central African Building Society (Cabs) total asset base increased by 22 percent to $1 billion from $852 million in the year to December 2015 mainly driven by a 27 percent growth in deposits. Cabs’ chairman Leonard Tsumba said total assets now stood at $1,04 billion while the society’s loans and […]