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Credit Corporation (Png) Ltd. (Papua New Guinea)

Main Activities: Investment Advice
Full name: Credit Corporation (Png) Ltd. Profile Updated: February 21, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Credit Corporation (PNG) Limited was incorporated and domiciled in Papua New Guinea on April 25, 1978. The Company commenced business as a general finance Company. It has grown successfully to become recognised as a one of Papua New Guinea s most progressive financial institution. The Company specialises in providing the following range of financial products and services:
- Lease and Chattel Mortgage finance to customers to acquire a wide variety of motor vehicles, heavy machinery, plant and equipment for commercial and business use
- Specially tailored financial packages
- Fully maintained fleet leasing
- Attractive investment facilities for customers
In addition, through subsidiary companies, the Credit Corporation Group owns and manages a portfolio of prime real property aasets. Shareholders have received a dividend each year since the incorporation of the Company in 1978.
The Company is listing on Port Moresby Stock Exchange Limited (POMSoX).

Legal Address
Credit House, Cuthbertson Street
Port Moresby; National Capital District;

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Website: http://www.creditcorporation.com.pg

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1978
Key Executives
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
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Secretary
Subsidiaries
Credit Corporation (Fiji) Limited (Fiji)
100%
Credit Corporation (Solomon Islands) Limited (Solomon Islands)
100%
Credit Corporation (Vanuatu) Limited (Vanuatu)
100%
Company Performance
Financial values in the chart are available after Credit Corporation (Png) Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PGK. Absolute financial data is included in the purchased report.
Net interest income
3.72%
Operating profit (EBIT)
16.8%
Net Profit (Loss) for the Period
17.92%
Total assets
0.32%
Total equity
2.98%
Total Assets Trend
N/A
Net Interest Income Trend
22.02%
Cost to Income Ratio
-2.63%

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