This notice serves to advise all existing National Development Bank (NDB) SME loancustomers of an increase in the lending interest rate from 6.5% pa to 7.5% pa.
Tina Mark is the owner of Pearl Clothing a second-hand clothing business in Alotau, Milne Bay Province. A singlemother of two, Tina’s humble beginnings began in 2013 where she was renting a room s ize space to keep herstock whilst selling clothes under a makeshift tent. For the first five months Tina operated her second-handbusiness by day and by night she would remove the canvas and spread it on the gravel for Tina and her two boys to sleep.
NDB’s Waigani Branch Manager Charles Evi (left) congratulating Alex Roalakana Junior after making his last repayment completing the K1 million loan obtained to start their locally owned ISP Business, KINECT
Beikis Transport Services is a name that is synonymous with the people of Kiorota Village in Sohe District, Northern Province. It is a family business that has been providing transport services to this part of the province for more than three decades.
The National Development Bank (NDB) confirms that it has funded K10.52 million in new loans to micro, small and medium enterprises (MSMEs) across the country for the quarter ending 31st March, 2023.
The National Development Bank (NDB) would like to inform our valued customers and stakeholders on the status of the National Government’s K80 million MSME credit facility on the 31st December, 2022.
The people of Wapenamanda District in Enga Province can now be able to live their dreams of doing business at the village and district level thanks to their Open Member Honourable Miki Kaeok.
The National Development Bank (NDB) would like to inform our valued customers and stakeholders on the status of the National Government’s K80 million MSME credit facility on the 30th September, 2022.
Member for Koroba-Kopiago Honorable William Bando has signed an Memorandum Of Agreement (MOA) with the National Development Bank (NDB).
The people Sohe District in Oro Province have a million reasons to celebrate with the funding of another K500,000.00 by its Member and Minister for Commerce and Industry Honorable Henry Amuli.
The National Development Bank will soon have a new look and modernized Branch Building in Lae, Morobe Province. This follows the signing of a contract between NDB and Total Interiors Limited in a brief but significant ceremony. .
National Development Bank and its subsidiary People’s Micro Bank now have a new Tari Branch Building to deliver financial services to the people of Hela Province.