In 2014, MiBank entered in to an arrangement with the PNG National Fisheries Authority (NFA) to provide credit to citizens engaged in the fishing sector. In a separate partnership with the Private Sector Development Initiative of the Asian Development Bank MiBank embarked on the Women in … [Read more...]
MiBank launches new ATM card- MiCard
MiBank (Nationwide Microbank PNG) has launched a new ATM & EFTPOS Card called MiCard. Managing Director Tony Westaway advised the media that "this new Card will replace individual passbook savings accounts with MiBank. Our customers will use MiCard to deposit and withdraw cash throughout our … [Read more...]
MIBANK (NATIONWIDE MICROBANK LIMITED)
MiBank (Nationwide Microbank Limited) in Papua New Guinea has launched a new lending product called MiLoan. It is a personal loan product for salary and wages earners whereby repayments are deducted directly from the payroll of the employer. MiBank has marketed this new product in conjunction with … [Read more...]
MiBank marks 10th Anniversary
NATIONWIDE MICROBANK The Nationwide Microbank Limited (MiBank) reached another milestone in its steady growth as one of PNG's premier financial institutions. In December 2014 it celebrated 10 years of successful operation of business. The Microbank, now known as MiBank, also opened its new Waigani … [Read more...]
ADB/PSDI Partners with Nationwide Microbank to Nurture Women’s Business Skills in Fishing Villages
NATIONWIDE MICROBANK PNG’s Nationwide Microbank (NWB) and the Asian Development Bank’s (ADB) Pacific Private Sector Development Initiative (PSDI) have agreed to join forces to assist women in two small fishing villages to gain entrepreneurial skills and take their produce to market. The partnership … [Read more...]
Nationwide Microbank
NATIONWIDE MICROBANK Nationwide Microbank delivers Financial Literacy Training to women of the Uniting Church in PNG at Niu Ailen Region Ligga Base, Kavieng … [Read more...]
NationWide Microbank- MiCash Mobile Money exceeds K10 Million in transaction value in PNG
MICASH MOBILE MONEY EXCEEDS K10 MILLION IN TRANSACTION VALUE IN PNG MiCash mobile money transactions have recently exceeded K10 million in transaction value, according Nationwide Microbank Managing Director Mr. Tony Westaway. “More than 60% of our transactions in value are deposits. Retention of … [Read more...]