Credit Corporation (Png)

Credit Corporation (PNG) Limited is a leading finance, property and investment group, which is listed on the Port Moresby Stock Exchange. Commencing operations in 1978, the Group has assets valued at more than K1 billion and operates throughout the Pacific with offices in Papua New Guinea, Fiji, the Solomon Islands, Vanuatu and Timor-Leste. The Company has three key divisions: Finance This division specialises in providing a range of financial products and services including: Chattel Mortgage and Lease Finance for motor vehicles, heavy machinery, and plant and equipment for commercial and business use; Specially tailored financial packages; and Attractive investment facilities. Property The Group also owns and manages a portfolio of prime real estate assets. Key properties include: Era Matana – a major residential development in PNG; Era Dorina – one of the largest, if not the largest executive residential estate in Port Moresby; and Credit House – a premier commercial address in Port Moresby. Investment The Group is primarily invested in Bank of South Pacific shares.