PNG Power Savings & Loan Society Limited
in Papua New Guinea 🇵🇬
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About PNG Power Savings & Loan Society Limited in Papua New Guinea
PNG Power Savings & Loan Society Limited is a licensed savings and loan society in Papua New Guinea that serves employees and members associated with PNG Power Limited, the country's state-owned electricity utility company. As a member-based financial institution, it operates under the regulatory oversight of the Bank of Papua New Guinea and is authorized to accept deposits from its members and provide loans exclusively to them.
The society is one of approximately 18 licensed savings and loan societies in Papua New Guinea, forming part of the country's broader financial services ecosystem alongside commercial banks and licensed financial institutions.