news

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NDB boosts Poultry Entrepreneur in Alotau

"I’m grateful for the assistance from NDB because I see the potential of my business growing even bigger. With their support, I’m already setting my sights on a larger loan to purchase land for a warehouse to keep up with demand," Kaia explained.“


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From Table to Shelf with NDB

“ This story highlights the inspiring entrepreneurial journey of Theresa Kunol, a woman from Banz, Western Highlands Province. Theresa started with a modest table market, selling betelnut and cigarettes to support her family after getting married right out of school. Despite lacking formal training or trade skills, her determination led her to build a successful business over time..“


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Star Wheels Shines With NDB

“ The idiom “Practise Makes Perfect” is the principle Getruth Merebo has applied when it comes to obtaining funding assistance from NDB to grow her family business and venture out on her own.“


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Gutpela Senis - MSME

“ Gutpela news bilong MSME.Mipela i senisim MSME loan toksave wantaim wanpela tingting tasol - long halivim bisnis bilong yu i kirap:“


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Elieta Enterprise partners with NDB

“NDB has been our bank of choice and should my children who are helping to manage some of our businesses want to start their own business ventures, there is no other bank I would recommend, except NDB“


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NDB assists former security guard turn entrepreneur

Mr Oreta said choosing to seek funding assistance from NDB was a right business decision as while he has been servicing his loan repayments, the extra’s he is earning from his business has opened new opportunities he is keen on venturing into when he completes repaying his current loan.


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Bakani’s say NDB is their bank of choice

Owning and managing a Public Motor Vehicle (PMV) Business has become extremely popular amongst many Papua New Guineans around the country today. Once a male dominated industry, today women have risen to the challenge and are now becoming just as competitive and successful.


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NDB behind Touno Ama Mara Hire Car success in Buin, AROB

Augustine Lokea is the proud owner of not one or two but three Toyota Land Cruisers thanks to the funding assistance of the National Development Bank.


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Implementation of New Lending Interest Rate - 7.5%

This notice serves to advise all existing National Development Bank (NDB) SME loan customers of an increase in the lending interest rate from 6.5% pa to 7.5% pa.


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Tina over the gravel thanks to NDB

Tina Mark is the owner of Pearl Clothing, a second-hand clothing business in Alotau, Milne Bay Province. A single mother of two, Tina’s humble beginnings began in 2013 where she was renting a room to keep her stock whilst selling clothes under a makeshift tent.


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NDB assists local ISP business Kinect thrive

NDB’s Waigani Branch Manager Charles Evi (left) congratulating Alex Roalakana Junior after making his last repayment completing the K1 million loan obtained to start their locally owned ISP Business, KINECT


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Family Business Partners with NDB for over 30 years

Beikis Transport Services is a name that is synonymous with the people of Kiorota Village in Sohe District, Northern Province. It is a family business that has been providing transport services to this part of the province for more than three decades.


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Government's MSME Grant Facility 1st Quarter 2023 Report

The National Development Bank (NDB) confirms that it has funded K10.52 million in new loans to micro, small and medium enterprises (MSMEs) across the country for the quarter ending 31st March, 2023.


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MSME Funding Update

The National Development Bank (NDB) would like to inform our valued customers and stakeholders on the status of the National Government’s K80 million MSME credit facility on the 31st December, 2022.