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Mahogany Capital Ltd Receives Licence Approval from the Bank of Papua New Guinea

Celebrating a Milestone Achievement

August 9, 2024

At Media Partners, we’re excited to extend our warmest congratulations to Mahogany Capital Ltd on their remarkable achievement of receiving a licence from the Bank of Papua New Guinea (BPNG) to operate as a Licenced Financial Institution. This recent milestone marks a significant advancement for Mahogany Capital and reflects the company's unwavering dedication to excellence and innovation in the financial sector.

Founded with a vision to transform the financial landscape in Papua New Guinea, Mahogany Capital has quickly emerged as a key player. This new licence not only highlights their robust financial standing but also underscores the strength of their board of directors and management team. With their guidance, Mahogany Capital is set to expand its range of financial products and services, offering even greater value to its customers.

The new licence enables Mahogany Capital to enhance their product offerings, including exciting new loan and deposit options. With a diverse portfolio ranging from asset finance to competitive term deposit products, Mahogany Capital is well-positioned to cater to the evolving needs of their clients.

We celebrate this achievement with Mahogany Capital and look forward to seeing the positive impact their expanded capabilities will have on the financial market in Papua New Guinea. Congratulations to the entire team at Mahogany Capital for this well-deserved recognition and for setting new standards in financial excellence!