People’s Micro Finance (PML) - Economics Assignment Help

Download Solution Order New Solution
Assignment Task

 

Nationwide Micro bank (MiBank) is one of the largest Microbank or microfinance institution in Papua New Guinea. MiBank is at the forefront of innovation, it is the first licensed financial institution in the South Pacific to implement a mobile wallet called MiCash and the first institution to launch a, micro insurance product called MiLife. MiBank prides itself on its diversification and women's banking is a key focus area. The Bank generally empowers and promotes women and grassroots through financial literacy training and access to its products and services. MiBank has now 16 branches with more than 150 agents operating in the rural parts of PNG.

 

Since its establishment in Wau, Morobe Province 2004, it was known back then as Wau MicroBank. The bank was established in partnership with Asian Development Bank and Government of PNG to provide financial assistance to micro and small enterprise, subsistence farmers and poor households who were without financial services. The bank was managed by PNG institute of Banking and Business Management who held the certificate of exemption. In February 2007, Nationwide Micro Bank (WMB) was registered as a limited liability company under the Company Law, and all assets and liabilities of Wau Microbank were transferred to WMB Limited. In June 2008, BPNG withdrew the exemption certificate and issued a banking license to Nationwide Microbank Limited, adopting a new name to better reflect its proposed geographic scope of business. In 2013, the business name of MiBank was registered.

 

 

This Economics Assignment has been solved by our Economics experts at My Uni Paper. Our Assignment Writing Experts are efficient to provide a fresh solution to this question. We are serving more than 10000+ Students in Australia, UK & US by helping them to score HD in their academics. Our Experts are well trained to follow all marking rubrics & referencing style.
Be it a used or new solution, the quality of the work submitted by our assignment experts remains unhampered. You may continue to expect the same or even better quality with the used and new assignment solution files respectively. There’s one thing to be noticed that you could choose one between the two and acquire an HD either way. You could choose a new assignment solution file to get yourself an exclusive, plagiarism (with free Turnitin file), expert quality assignment or order an old solution file that was considered worthy of the highest distinctio.

Get It Done! Today

Country
Applicable Time Zone is AEST [Sydney, NSW] (GMT+11)
+

Every Assignment. Every Solution. Instantly. Deadline Ahead? Grab Your Sample Now.