The NCSL Savings and Loan Society is marking its 22nd anniversary, celebrating more than two decades of financial service and community building in Papua New Guinea.

From its beginnings in Boroko in 2003 with just over 14, 000 members, the institution has grown into one of the country’s largest and most trusted savings and loan societies, now serving more than 150, 000 members nationwide.

Chief Executive Officer Frans Kootte said the milestone reflected the loyalty of members who have supported the institution’s growth.

“This milestone stands as a powerful reflection of the trust our members have placed in us over the years.”

“It highlights the strength of our growing membership and the enduring values that continue to shape our journey.”

NCSL’s offerings have expanded significantly since its inception.

Members now have access to savings accounts, personal loans, digital services such as MyNCSL Member Online, financial planning tools, loyalty programs, and employer partnerships designed to make saving and borrowing easier.

Mr. Kootte thanked members who had been with NCSL from the start, welcomed new members, and invited others to join the society.

“NCSL is more than just a financial service provider.”

“It is a community built on trust, belonging, and the promise of walking alongside our members in their financial journey.”

The society said it will continue to embrace innovation and expand its services to meet the changing financial needs of Papua New Guineans.