Our Story
Mahogany Finance, a wholly owned subsidiary of Mahogany Finance, was established on 22 April 2021 and commenced trading 1 March 2023, with a mission to deliver dynamic and innovative financial products and services, aimed at challenging the status quo within the finance industry in Papua New Guinea. We are committed to providing market-leading solutions that cater to the unique needs of both individuals and businesses.
As a proudly Papua New Guinean, privately owned entity, we are dedicated to supporting the local community with tailored financial services that reflect our deep understanding of the local market.
With a strong focus on customer satisfaction, Mahogany Finance continually strives to provide a competitive range of products designed to enhance financial options for the business community and individuals alike. Our objective is to elevate customer service standards, foster healthy competition, and introduce fresh perspectives in the financial services market.
By offering superior rates and empowering our clients with greater choices, we aim to disrupt the industry with innovative approaches that benefit our customers while promoting growth and competition within the sector.
On 24 June 2024, Mahogany Finance was granted a Licence to Conduct Banking Business as a Licenced Financial Institution by the Bank of Papua New Guinea, with licence number BPNG02-017. This milestone reinforces our commitment to delivering reliable, regulated, and innovative financial solutions.