The new TISA Bank, having received its commercial banking license in August 2024, aims to increase its presence through its services in the areas of Retail, Small and Medium Enterprises (SMEs) and Corporate Banking in 2025 and onwards. TISA Group’s Chairman Mr. Gabriel Tai during the recent announcement of the bank’s 2024 financial year performances on Thursday 5th June in Port Moresby city, stated that TISA Bank aims to become a trusted financial Group that empowers every customer to thrive. “We will continue to invest in technology, people, partnership, and responsible practices that reflect the values on which we were founded. These are not just principles we talk about; they are the foundation of every decision we make,” said Chairman Tai. Meanwhile, TISA Group Chief Executive Officer (GCEO) Mr. Michael Koisen confirmed this saying that the bank has been their biggest project at the moment, so a lot of investment has been made in the bank in terms of people and technology. “We are opening branches. Port Moresby branch has been opened, Wewak, Madang, Kokopo and Hagen are next. Hopefully by this year we’ll open those branches as well. The focus of course, is on the retail because we believe very strongly and the evidence is quite clear that the banking service in this country need a lot of improvement. So, our focus is on the retail area to try to improve services for the retail customers. Also, there’s the SME portion of it that we are concentrating a few resources on to grow that sector because we believe very strongly that the SME sector is the growth engine for the economy of PNG, so we want to support that,” said Mr. Koisen. In addition to the retail and SME, TISA Bank also welcomes corporate clients. “Large corporates that wish to do business with us are quite welcome to join us. We’re growing on all fronts on banking in the country,” Mr. Koisen added.