Nasfund paid K302mil into members’ accounts, 6.3pc interest from last year

NASFUND has paid K302 million into its members’ accounts – being the 6.3 per cent interest for the last financial year.
“The interest credit for the year 2019 is shown as a separate line item dated 31/12/2019 in member transaction details,” Nasfund said.
The interest payment followed the announcement of the member interest credit rate by the fund’s board on Thursday.
“The fund has demonstrated a strong resilience in attaining a positive outcome with an over-budgeted performance in cash returns from investments and controlled expenses.
“For this year, we will continue the focus on enhancing our member services while actively seeking opportunities to grow membership and new investments.
“This aligns with our five-year strategy of growing the fund to be healthier and wealthier.”
Members can check their balance through the TextBal service (*627membershipnumber*ddmmyyyy#) and website: www.nasfund.com.pg
Members can also access their balance via the Nasfund App and member online portal.