TISA partners with PNG IWEC to support women entrepreneurs

TISA is partnering with PNG Indigenous Women Entrepreneurs Connect (PNG IWEC) to support local women entrepreneurs involved from micro/informal businesses to aspiring and women-led businesses in PNG. Under this partnership, TISA is providing funding support of K200,000 to PNG IWEC, a pioneering social enterprise committed to empowering local women ...

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TISA commissions new Data Centre

Teachers Savings and Loan Society (TISA) today formally commissioned its new state-of-the-art Data Centre. TISA’s Group CEO, Michael Koisen said, “This is a significant milestone for us – this new Date Centre is a world class Tier Two Data Centre which will provide a resilient, robust, and efficient facility for hosting the critical systems to run ...

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TISA recognized as Top Performing Private Sector Company in PNG

TISA is proud to announce that we have been recognised as the Top Performing Private Sector Company in PNG this year by the PNG Human Resources Institute (PNGHRI). The award is in recognition of our overall outstanding performance this year and was presented yesterday during PNGHRI's annual conference. In receiving the award, Michael Koisen, our Gr...

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TISA supports education programs for underprivileged children

Education is key to breaking the cycle of poverty in PNG and TISA is committed to supporting organisations that provide education programs and initiatives for underprivileged children. One such organisation is the Life PNG Care Inc, a community-based organisation that provides education programs for disadvantaged children in Port Moresby and Lae. I...

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TISA announces additional bonus interest: total crediting rate up 9%

TISA today announced an additional 2% one-off, special bonus interest totaling K6.71 million to be paid to members Yumi Accounts today. This additional bonus interest is to commemorate the 50th Anniversary of TISA. This brings the total additional interest paid to TISA members for the financial year 2022 to a record 9%. Gabriel Tai, Chairman for TI...

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TISA delivers strong growth and better returns

Teachers Savings and Loan Society (TISA) today announced a healthy net profit of K76.49 million and a record balance sheet of K1.17 billion after taxes for the 2022 Financial year.  In an announcement today, Board Chairman for TISA, Gabriel Tai said: “TISA has recorded a positive year of growth in 2022; our profit increased by 24% and our Group Ass...

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TISA sponsors PNGDF Commander’s Cup

Teachers Savings and Loan Society (TISA) has come on board to support this year’s PNG Defence Force Commander’s Cup with a K25,000 sponsorship. In announcing this sponsorship, Group CEO for TISA, Michael Koisen said “TISA is delighted to support this event because a lot of our service men and women are members of Tisa and its one way of giving bac...

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TCF announces new CEO

Teachers Savings and Loans Society (TISA) today announced the appointment of Sunil Kumar Pokharel as Chief Executive Officer for Tisa Community Finance (TCF) Limited, a subsidiary of the TISA. Sunil is a senior global financial services executive with over 30 years of banking experience and brings with him deep insights into developing and emerg...

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