The new TISA Bank is ready to open its doors to customers come next week Monday following its official launching last night in Port Moresby city witnessed by staff, dignitaries and the TISA board and management. TISA Bank Chief Executive Officer (CEO) Mr. Sumit Pakharel said the Waigani branch in Port Moresby city will open on Monday 21st October, marking the start of operations for the newest homegrown bank in Papua New Guinea. "After this branch, we will open the Lae, Mt Hagen, Kokopo branches and then the other centers," he said. TISA has over 85, 000 members and the commencement of operations and subsequent extension of its banking services will serve its members better. TISA Bank Chairman, Mr. Moses Koiri, who is a distinguished senior lawyer and Principal of Albatross Law, said TISA aspires to be a bank for the people by focusing on improving banking services to empower customers and businesses to thrive, through its tailored service products to suit different customer needs. He said TISA aims to provide responsible banking services driven by the principle of serving the people. Meanwhile, guest speaker at the launching night Sir Ano Pala the Minister for National Planning and MP for Rigo open, praised TISA for its milestone achievement. Sir Pala, who represented Prime Minister James Marape at the event, said the introduction of TISA Bank into the country's banking sector would lead to better banking and financial services and improve the overall growth of the country's economy in the long run. The introduction of TISA bank will mean healthy competition in the banking sector, which will then lead to improved services and products provided to customers throughout the country, less banking fees, and the reach of banking services to the rural parts of the country will be improved, which will then lead to the country achieving financial inclusion for all Papua New Guineans. He concluded by thanking TISA for its services over the 52 years as a savings and loans society for teachers, and congratulated TISA for rolling out its first and newest commercial bank in Papua New Guinea.