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Lesotho PostBank

Banking · Lesotho · 231 Employees

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About

Headquarters

Kingsway Rd, Maseru, Maseru, Lesotho

Phone Number

+266 22317842

Revenue

$13.2 Million

Industry

Banking Finance

Recent News & Media

No recent news or media

Who is Lesotho PostBank

Lesotho PostBank (LPB) is 100 percent owned by the Lesotho Government, and prides itself on being an indigenous bank that is wholly managed by Basotho. It was founded to provide banking services to under-banked and unbanked Basotho in both rural and urban areas, and remains committed to its mandate of answering the challenge of financial exclusion in the country. Licensed by the Central Bank of Lesotho, the LPB was incorporated in 2004 and started its operations in 2005, offering savings and deposit taking services. In 2010 it diversified into lending and in 2012 introduced electronic transacting services. To date the PostBank has rolled out 14 branches and ATMs in Maseru, TY, Maputsoe, Hlotse, Butha-Buthe, Mokhotlong, Qachas Nek, Quthing, Mafeteng, Roma and Thaba-Tseka. Since starting operations, the LPB has attracted a substantial client base and has introduced additional products to address the diverse needs of its customers. While retaining the book-based savings account, it has also introduced debit cards for transacting business. In addition to the introduction of new products, the PostBank now segments its customers into retail and business, and offers products that suit those distinct portfolios. The Bank successfully upgraded its core banking system, Flexcube, in May 2017 replacing the system that was implemented in 2005 which was obviously obsolete and provided limited service excellence. The current system is guaranteed to meet the needs and the expectations of the customers. Following this implementation, the Bank embarked on a project to introduce digital channels thereby transforming the channels landscape of the LPB. These channels include Mobile Banking, Internet Banking, Mobile Wallet, Merchant Swiping and Agency Banking. LPB is a Retail Banking Institution with a mandate to serve mainly unbanked and under-banked economically active urban and rural population who do not have access to financial services in sustainable manner. The Basotho bank intending to transform the living standard of our ...Read more

Lesotho PostBank's Social MediaPopular SearchesLesotho PostbankLesotho Post BankOfficial Lesotho PostBankSIC Code 60,602NAICS Code 52,522Show more

Lesotho PostBank Org Chart

Mpho Vumbukani

Chief Executive Officer

PhoneEmail
Mahase Mahooana
Mahase Mahooana

Chief Operations Officer

PhoneEmail

PhoneEmail

PhoneEmail

Lesotho PostBank Tech Stack

PHP

By

PHP

WPForms

By

WPForms

YouTube

By

Google

Yoast SEO

By

Yoast
See more technologies

Frequently Asked Questions regarding Lesotho PostBank

Where is Lesotho PostBank located?
Lesotho PostBank's headquarters are located at Kingsway Rd, Maseru, Maseru, Lesotho
What is Lesotho PostBank's phone number?
Lesotho PostBank's phone number is +266 22317842
What is Lesotho PostBank's official website?
Lesotho PostBank's official website is www.lpb.co.ls
What is Lesotho PostBank's Revenue?
Lesotho PostBank's revenue is $13.2 Million
What is Lesotho PostBank's SIC code?
Lesotho PostBank's SIC: 60,602
What is Lesotho PostBank's NAICS code?
Lesotho PostBank's NAICS: 52,522
How many employees does Lesotho PostBank have?
Lesotho PostBank has 231 employees
What industry does Lesotho PostBank belong to?
Lesotho PostBank is in the industry of: Banking, Finance
What technology does Lesotho PostBank use?
Some of the popular technologies that Lesotho PostBank uses are: PHP, WPForms, YouTube, Yoast SEO
Who is the CEO of Lesotho PostBank?
Lesotho PostBank's CEO is Mpho Vumbukani
How do I contact Lesotho PostBank?
Lesotho PostBank contact info: Phone number: +266 22317842 Website: www.lpb.co.ls
What does Lesotho PostBank do?

Lesotho PostBank (LPB) is 100 percent owned by the Lesotho Government, and prides itself on being an indigenous bank that is wholly managed by Basotho. It was founded to provide banking services to under-banked and unbanked Basotho in both rural and urban areas, and remains committed to its mandate of answering the challenge of financial exclusion... in the country. Licensed by the Central Bank of Lesotho, the LPB was incorporated in 2004 and started its operations in 2005, offering savings and deposit taking services. In 2010 it diversified into lending and in 2012 introduced electronic transacting services. To date the PostBank has rolled out 14 branches and ATMs in Maseru, TY, Maputsoe, Hlotse, Butha-Buthe, Mokhotlong, Qachas Nek, Quthing, Mafeteng, Roma and Thaba-Tseka. Since starting operations, the LPB has attracted a substantial client base and has introduced additional products to address the diverse needs of its customers. While retaining the book-based savings account, it has also introduced debit cards for transacting business. In addition to the introduction of new products, the PostBank now segments its customers into retail and business, and offers products that suit those distinct portfolios. The Bank successfully upgraded its core banking system, Flexcube, in May 2017 replacing the system that was implemented in 2005 which was obviously obsolete and provided limited service excellence. The current system is guaranteed to meet the needs and the expectations of the customers. Following this implementation, the Bank embarked on a project to introduce digital channels thereby transforming the channels landscape of the LPB. These channels include Mobile Banking, Internet Banking, Mobile Wallet, Merchant Swiping and Agency Banking. LPB is a Retail Banking Institution with a mandate to serve mainly unbanked and under-banked economically active urban and rural population who do not have access to financial services in sustainable manner. The Basotho bank intending to transform the living standard of our ...Read More

What are Lesotho PostBank social media links?
Lesotho PostBank Linkedin page Lesotho PostBank Twitter page Lesotho PostBank Facebook page
Is Lesotho PostBank a public company?
Lesotho PostBank is private company therefore does not currently have an official ticker symbol
See more information about Lesotho PostBank

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