The new TISA Bank branch in Wewak, East Sepik province opened its door to customers this morning much to the excitement of public and its Savings and Loans Society members, most of whom are teachers.
Opening the new TISA Bank branch was East Sepik Governor Allan Bird, who expressed great gratitude to TISA management and board for choosing his province for the new branch.
Pointing to the increase in agriculture in East Sepik, he said the newly established commercial bank must take the opportunity to gain a foothold in promoting agriculture the province by tapping in the sector through engaging with local farmers and industries on the ground through its banking products.
In terms of economic growth in the province, he said the provincial government continues to support the private sector to promote business and investments. This is something the good governor said that they are keen on doing, be it in agriculture or other sectors. That’s the reason why the new bank branch is been well accepted.
He said the provincial government is working closely with landowners so to acquire land in order to expand areas in which investments can be made in, where he said was part of the overall goal to expand the town and place of doing business.
In addition to this, a planned new solar project along with a new water treatment facility should enable a conducive environment for investments and for businesses to prosper.
Touching again on agriculture, he said TISA Bank’s investment in Wewak is timely.
“In going forward, I know you got a small branch here, I would encourage you to figure out how you can get into Maprik and Angoram,” said Governor Bird.
“While a lot of our produce are accessing Maprik, we’ve invested a lot in Angoram and Angoram is the biggest district. So, over the next couple of years, you’re going to see significant production coming from Angoram.
“So, there’s opportunity for growth there and all across the region and I’m sure you can see that, and that’s why you’re here.”
He then thanked TISA for bringing additional banking service to the people of East Sepik and for choosing Wewak as the first step outside of Port Moresby city for its second branch.