Air Niugini Savings & Loan Society (ANGSL) proudly celebrated another significant milestone with the successful hosting of its 52nd Annual General Meeting (AGM) on 6 June 2026.
For more than 50 years, ANGSL has remained committed to providing reliable financial services to the people of Papua New Guinea. Today, with a membership of more than 1,000 and continuing to grow, the Society continues to strengthen its position while delivering value to its members through sound financial management and quality service.
The AGM brought together 149 members, who gathered to reflect on the Society’s performance over the past year, celebrate its achievements, and participate in key decisions that will help shape ANGSL’s future. The meeting also provided an opportunity for members to hear updates from the Board and Management on the Society’s financial performance and strategic direction.
While 2025 presented its share of challenges due to the country’s difficult economic conditions, ANGSL demonstrated resilience and prudent financial management. Through careful planning, responsible governance, and the continued trust and support of its members, the Society achieved a record-breaking net profit of K3.440 million for the 2025 financial year.
This outstanding result reflects ANGSL’s ongoing commitment to maintaining a strong financial position while continuing to meet the needs of its members. As the Society looks ahead, it remains focused on sustainable growth, delivering quality financial services, and creating long-term value for its members.
ANGSL extends its sincere appreciation to all members who attended the AGM and to everyone who continues to support the Society. Together, we look forward to building on this success and achieving even greater milestones in the years ahead.