The new TISA Bank, following the launching of its new logo last week, is now set to open its first branch very soon in Port Moresby city, marking a new chapter for TISA. TISA Bank Limited Chief Executive Officer (CEO), Mr. Sunit Pakharel confirmed that the first TISA Bank branch at Waigani will open to the public on Monday 21st October 2024. This upcoming opening of the first bank branch and recent launching of its new logo marks a new chapter in the story of TISA (Teachers Savings and Loans Society Limited), which initially started off as a savings and loans society for teachers in the country over 50 years ago. TISA’s new brand reflects on the evolution of TISA. The growth and transformation over the last 51 years of people helping people. Reflecting on TISA's journey over the years of service to the country, TISA Group CEO Mr. Michael Koisen said that the defining relationship between the shareholders and the board, is trust and attributes the success of TISA to the mutual trust that Papua New Guineans have for each other. “That idea has grown over the years into building a financial institution for Papua New Guineans and our new brand captures the essence of our organization as it transitions to a Bank.” As TISA expands, so too will the opportunities for local entrepreneurs to access capital, grow their businesses, and contribute to job creation. This is the core of nation-building and is what makes our work important. TISA Group Chairman, Mr. Gabriel Tai said TISA’s story began over 50 years ago with the purpose to serve Teachers - men and women whose purpose was to build the future of Papua New Guinea by educating the next generation of Papua New Guineans. “They understood the power of collective savings and the strength that comes from unity. From that foundation, we have grown into a financial institution that has now become a symbol of empowerment for all Papua New Guineans,” he said. The new brand commences the new chapter in the history of TISA with the aim to bring more opportunities to the people.