Old Mutual owned CABS bank has shut down four of its branches in Harare, Bulawayo and Mutare in a move that is likely to leave tens of workers jobless.

Though CABS did not state the reasons for the move, it could be attributed to the current economic challenges that has seen most local companies struggling to remain operational due to a myriad of problems from inflation, increased cost of operation owing to excessive loadshedding among others.

Below is the CABS communication to its customers.