TISA Bank of PNG Achieves Key Milestone with New Banking License Approval
Tisa Community Finance Limited (TCF) has officially undergone a rebranding, now operating as TISA Bank following the recent approval of its banking license by the Bank of Papua New Guinea (BPNG). This pivotal moment signifies TCF's transition into a fully operational commercial bank.
The Chairman of TISA Group expressed excitement over this development, emphasizing the importance of the milestone. “We are delighted to share this achievement and anticipate the new opportunities as TISA Bank Limited,” he remarked.
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| TISA Bank of PNG Achieves Key Milestone with New Banking License Approval |
As TISA Bank, the institution aims to deliver a diverse array of innovative banking services designed to meet the needs of businesses, communities, and individuals across Papua New Guinea. The bank's mission will adhere to the guiding principles of its parent company, Teachers Savings and Loan Society Ltd, with a focus on People, Prosperity, and the Planet.
TISA Bank's strategy involves utilizing digital platforms, mobile banking, and an agency banking model to provide a broad range of services. Committed to ethical banking practices as a member of the Global Alliance for Banking on Values, TISA Bank seeks to make a positive impact on both society and the environment.
With a history spanning over fifty years, TISA Bank is committed to expanding its reach to underserved and remote areas, aligning with the Bank of Papua New Guinea’s goals for financial inclusion and green finance.
The rebranding to TISA Bank underscores a renewed dedication to enhancing banking services and supporting local communities. The organization invites all stakeholders to be part of this new chapter, working together towards a brighter future for Papua New Guinea.
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