Kina Bank setting international standards: Competition boost

May 19, 2021 by toksavebot, EMTV Online Kina Bank is resetting its Indicator Rate for lending to business in a move that reflects international standards and will drive competition in banking in Papua New Guinea (PNG). In a bold move the bank will reduce its Indicator Lending Rate (ILR), effective 1 June 2021, to 6.25%. The ILR in... more →
Posted in: Papua New Guinea