PNG's Nambawan Super Fund announces Record Profit of K504 Million
Papua New Guinea's largest superannuation fund, Nambawan Super today announced its largest-ever profit of K504 million for 2019 with a crediting rate of seven percent.
The funds will be paid to member accounts in the coming days.
Nambawan Super Chairman, Anthony Smare said despite the tough economic conditions in 2019, the Board is delighted with the result for the Fund's 200, 000 members.
He said the positive result illustrates the Super Fund's prudent and cautious stewardship of its investments.
NBC / PNG Today
Next : PNG PM Marape responds to O'Neill's Statement
The funds will be paid to member accounts in the coming days.Nambawan Super Chairman, Anthony Smare said despite the tough economic conditions in 2019, the Board is delighted with the result for the Fund's 200, 000 members.
He said the positive result illustrates the Super Fund's prudent and cautious stewardship of its investments.
NBC / PNG Today
Next : PNG PM Marape responds to O'Neill's Statement
Post a Comment