Credit Corporation (PNG) Limited

The new branch is located at the Gapina Development Building and offers customers a range of financial services for individuals and businesses.

The opening of the branch was officiated by Credit Corporation’s Head of Lending, Ben Kaspar who stated that the branch is a testament to the company’s dedication to improving customer accessibility and service quality.

"Our customers are at the heart of everything we do here at Credit Corporation," said Kaspar.

The Program is designed to cultivate the leadership skills of employees across various levels within the organization. The program focuses on equipping participants with the necessary tools and knowledge to navigate the dynamic business landscape successfully.

Throughout the program, participants engage in a series of interactive sessions and real-world scenarios, addressing key leadership competencies such as strategic communication, effective delegation, constructive feedback and managing performance.

Credit Corp PNG has once again shown its commitment to the community by supporting Buk bilong Pikinini's mission for early childhood education.

CEO Danny Robinson and his team visited the Vabukori Library Learning Centre to present a cheque donation that will go towards the rental costs of the organization's warehouse, which stores books and literacy materials for young children in Papua New Guinea.

This, coupled with the interim dividend payment of 4 toea in 2017, brings the total dividend payment to 15 toea per share.

Acting Chairman of Credit Corporation (PNG), Johnson Kal, said despite the general slowdown in the Papua New Guinea economy, the group’s financial performance remained strong with profitability and growth in total assets.

He added while flat business conditions continue in PNG, the company is positioned to generate further value for shareholders with a strong capital base, liquidity and a growing balance sheet.