A registered member of the Federation of Savings and Loan Societies Limited (FESALOS) in Papua New Guinea, the Mining & Petroleum Savings & Loan Society Limited was established in 1983. The Society is registered under the Savings and Loan Societies Act (Amended 1995) and regulated by the Registrar of Savings and Loan Societies, who is also the Governor of the Bank of Papua New Guinea. The establishment of this Society provided an avenue for Mining & Petroleum Industry employees to be actively involved in savings and to assist each other in times of financial need.
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