Alekano Savings & Loan Society
in Papua New Guinea 🇵🇬
Alekano Savings & Loan Society in Papua New Guinea is unranked. Only banks with at least 10 votes are ranked. Cast your votes now!
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About Alekano Savings & Loan Society in Papua New Guinea
Alekano Savings & Loan Society is a member-owned financial cooperative operating in Papua New Guinea. As a licensed Savings & Loan Society, it provides savings and loan services exclusively to its members, focusing on promoting thrift and financial responsibility within its community.
The society is one of 18 licensed Savings & Loan Societies authorized by the Bank of Papua New Guinea to accept deposits from the public and provide loans to members. It operates based on the principle of mutuality, meaning members are the owners of the society and have an equal say in the election of directors and distribution of profits.