Nambawan Super Savings and Loans Society (NSLS) Limited is said to be the fastest growing savings and loans society in the country with a notable membership coming from the education department and medical fraternity.
According to the NSLS Chief Executive Officer (CEO) Mr. John Solok, the teachers make up about 35% which is around 10, 000 memberships and this makes up a third of the total membership base.
“In recent years we have seen a strong in-flow from the education department having a lot of teachers joining us and we would like to see that continue,” said Mr. Solok.
Mr Solok said the other notable membership is from the medical fraternity, especially from the nurses throughout the country.
“We also have a strong number coming from the nurses or generally the medical fraternity, which constitute about twenty per cent or around two hundred of our membership base,” added the CEO.
NSLS Board Chairman Mr. John Cholai added that the society with more than 30, 000 membership base, is the fastest growing savings and loans society that has 23 serving points throughout the country through the Nambawan Super Limited which is the number one supporter.
NSLS has branches located in Kokopo in East New Britain province, Kimbe in West New Britain province, Mt. Hagen in Western Highlands province, Lae in Morobe province and Alotau in the Milne Bay Province.