Aopi tower renamed NSLS Haus, launch new products

The National Business

By PETER ESILA
THE Aopi tower two centre in Port Moresby has been renamed as the NSLS (Nambawan Savings and Loan Society) Haus, as part of the society’s drive to grow the business.
NSLS chief executive officer John Solok said during the launch in Port Moresby on Wednesday that the new look comes with new products which include:

  • 1:2 RATIO loan so savers can borrow more when they really need to, over and above their saving account;
  • HOUSING saver to encourage members to save, earn high interest and have the equity to co-fund their housing schemes with banks; and,
  • TERTIARY saver recognises that many parents need large sums of money for tertiary education for their children. This high interest paying saver account helps parents save for this important day when their children get into colleagues and universities.

Solok said that saving money for the future was important.
“This new look repositions NSLS as a young, dynamic, progressive and trusted savings and loans society,” he said. “NSLS needs a new, fresh, modern and dynamic brand that has strong appeal to young people. Our old brand has to be changed.”
Solok said many Nambawan Super members were still not members of NSLS and needed to become members.
NSLS has around 30,000 members.
“The NSLS brand by way of overall awareness is not well recognised compared to our two main competitors. High awareness that generate high interest to members and more important to our potential new members was missing.”