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The PNG economy is forecast to hit a record 21 percent growth rate in 2015 on the back of the project, with the government expecting to bank 1.7 billion to 2.2 billion kina per year until early ...
Kina wants to create “a pan-Pacific bank domiciled in PNG” and Westpac’s PNG and Fiji operations would be re-branded the East West Commercial Bank, under Westpac’s existing corporate ...
(RTTNews) - Papua New Guinea's Independent Consumer and Competition Commission (ICCC) on Monday released its draft determination indicating that it proposes to deny authorization to Kina Bank for ...
The ANZ bank's decision to sell its PNG operations to the Malaysian-owned Kina Group Financial Company is creating suspicion among some customers.
With ambitions for Kina to become the Macquarie Bank of PNG, Mr Pawson said the Westpac acquisition meant it was starting to scale up. Over the medium to long term, he is eyeing a banking licence ...
The main lenders, BSP, Kina Bank, Westpac PNG and ANZ PNG, account for 61 per cent of the entire financial sector. Then there were two. In 2019, Kina acquired ANZ’s retail, ...
The PNG economy is forecast to hit a record 21 per cent growth rate in 2015 on the back of the project, with the government expecting to bank 1.7 billion to 2.2 billion kina per year until early ...
ASX-listed Papua New Guinea wealth manager Kina Securities has launched an equity raising through Morgans to secure $91 million. Read Today's Paper Mind Games. The Australian Plus.
Australia and New Zealand Banking Group (ASX:ANZ) will sell its retail and commercial/SME banking business in Papua New Guinea to Kina Bank Limited, a subsidiary of Kina Securities Ltd (ASX:KSL ...
The Papua New Guinea kina jumped 18 percent on Wednesday after traders said the South Pacific country had introduced new trading band arrangements following a steep and prolonged fall in the currency.
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