Manus Savings and Loan Society (MSLS)

Manus savers rewarded under development partnership

The new Bank Soft system was provided under the partnership between the Manus Provincial Administration and Australian Government, which supports the extension of banking and financial services to the rural majority.

About 8000 Manus locals have seen their savings grow following the introduction of the new system. They include about 5000 village finance members, who pool their savings in shared village accounts, and about 3000 individual account holders.