TISA Bank opens Alotau branch, boosting financial access in Milne Bay

Thursday, 8 January 2026, 3:42 pm

Inside the newly-established TISA Bank branch in Alotau, Milne Bay (image: NBC News / Priscilla Waikadi)

TISA Bank has officially expanded its footprint into Milne Bay Province with the opening of a new branch in Alotau today, improving access to banking and financial services in the region.

Chief Executive Officer Sunil Kumar Pokharel said the expansion reflects the bank’s commitment to bringing reliable and accessible banking services closer to the people.

“We are here to serve the people of Milne Bay with honest banking and strong support for your businesses and personal goals,” Pokharel said. “Banking is built on trust, and we are looking to build long-term relationships with the people here.”

Alotau MP Ricky Morris and TISA Bank Chairman Moses Koiri cut ribbon to new branch as Alotau Town Mayor Esmond Basinauro (left-front), TISA Bank CEO Sunil Kumar Pokharel and president of Milne Bay Chamber of Commerce Jeff Abel look on (Image: NBC News / Priscilla Waikadi)

He assured customers that the Alotau branch team will operate with integrity and respect, and will provide guidance to help individuals and businesses achieve their financial goals.

Meanwhile, Alotau Open Member of Parliament welcomed TISA Bank’s entry into the province, describing it as a timely development that supports Alotau’s push towards city status by 2032.

TISA Bank, which began as a credit union for teachers in 1972, has grown into a national financial institution serving more than 90,000 members across the country, with its membership continuing to expand.

The Alotau branch is the third in the country as TISA looks to reach nationwide service.