What is Mi bank?
MiBank is the registered trading name for Nationwide Microbank Limited, the largest microfinance institution in the South Pacific, incorporated in Papua New Guinea. Originating in 2004 as a microfinance project co-financed by the Asian Development Bank, Australian Aid, and the government of Papua New Guinea, it has since grown into a licensed financial institution. The bank is renowned for its innovative financial inclusion efforts, having deployed the South Pacific's first mobile wallet, MiCash, and introduced the first microinsurance product in Papua New Guinea, known as MiLife. It operates through a network of branches and agents, with a specific focus on financial literacy and empowering women and grassroots populations through accessible savings, loan, and insurance products.
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MiBank is the trading name for Nationwide Microbank Limited, based in Papua New Guinea. It is widely recognized as the largest microfinance institution in the South Pacific region.