PBF is administered by Melanesian Trustee Services whose CEO, Kennedy Wemin, announced that electronic transfers now also include payments to unit holders with MiBank accounts.
“We are very pleased with the results of our electronic dividend payments,” Wemin said. “It has been a long journey building up the Fund and making sure its unit holders receive dividends.”
Unit holders who have also opened MiBank accounts have received their first payments in their accounts last week, making this a cheap alternative for unit holders in rural areas to access their funds.
