Licensed Institutions

Savings And Loans Industry 

The following financial institutions are licensed or authorised under the Savings & Loan Societies Act 1995 respectively to accept or collect deposits from the public. It is illegal for any company or person whose name is not listed below to collect deposits from the public without a licence issued by the Bank of Papua New Guinea (“the Central Bank”). Please report to the Central Bank immediately any illegal deposit taking by a company or a person.

1. Alekano Savings & Loan Society Ltd  
2. Air Niugini Savings & Loan Society Ltd
3. CBO Savings & Loan Society Ltd
4. East New Britain Savings & Loan Society Ltd
5. Financial & Private Sector Savings & Loan Society Ltd
6. Lae City Council Employees Savings & Loan Society Ltd.
7. Manus Savings & Loan Society Ltd
8. Nasfund Contributors Savings & Loan Society Ltd
9. Niu Ailan Savings & Loan Society Ltd
10. Mining and Petroleum Savings and Loans Society Ltd (Formerly OK Tedi Mining SLS)
11. National Farmers Savings & Loan Society Ltd
12. PNG Power Staff Savings & Loan Society Ltd
13. PNG Ports Corporation Savings & Loan Society Ltd (formerly PNG Harbours Board Staff SLS)
14. PNG University of Technology Savings & Loan Society Ltd
15. Police & State Services Savings & Loan Society Ltd
16. PTP Savings & Loan Society Ltd
17. Rural Development Bank Savings & Loan Society Ltd
18. Sepik Savings & Loan Society Ltd
19. Teachers Savings & Loan Society Ltd
20. Water Board Staff Savings & Loan Society Ltd
21. Nambawan Savings and Loan Societies Ltd
22. Federation of Savings & Loan Societies Ltd