No to Credit Corp sale

Letters, Normal

The National, Tuesday October 15th, 2013

 I SUPPORT the Teachers’ Savings and Loan Society (TISA) which is the  South Pacific’s largest credit union and the third largest major shareholder of Credit Corp. TISA is opposing Credti Corp’s sale to BSP. Credit Corp should not be wrestled away from current shareholders just because one major player wants to extend its dominance in the financial market. I urge teachers in PNG to vehemently oppose this move. Good on you, TISA. Keep on fighting this because your sister credit unions are behind you.