Farai Dziva|The Commercial Bank of Zimbabwe (CBZ Holdings) is set to close some of its branches in the wake of deepening economic challenges.

CBZ will close its Joshua Mqabuko Nkomo Street branch in Bulawayo on December 31 this year.

The bank has also closed its Tsholotsho branch.

According to a state run publication, more branches are expected to be shut down.

“CBZ Holdings encourages its customers to use digital platforms such as CBZ Touch Mobile App, CBZ Internet Banking, CBZ Smart Point Point-of-Sale terminals and ATMs,” a source said.