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

Kina Bank plans to waive fees

KINA Bank’s chief executive officer Greg Pawson
March 10, 2021 The National Business KINA Bank’s chief executive officer Greg Pawson has revealed that the bank’s ambition to modernise PNG’s financial services sector with plans for fee-free banking. “We want to take banking back to basics with better customer service and no unnecessary fee gouging,” he said. “We think... more →
Posted in: Papua New Guinea

BPNG denies ‘Masalai I Tokaut’ allegations on Kina Securities

Kina Securities former Chief Executive Syd Yates . Photo: EntrepreneurLink/FB
By  PNG Bulletin Online Kina Securities former Chief Executive Syd Yates . Photo: EntrepreneurLink/FB The Central Bank has denied recent allegations levelled against Kina Securities Limited that it has been operating illegal superannuation in the country. Allegations published by a group ‘Masalai I Tokaut’ (www.masalai-i-tokaut-.com)... more →
Posted in: Uncategorized

Pandemic push: Kina Bank’s ambitious ecommerce plans for Papua New Guinea

KINA Bank’s chief executive officer Greg Pawson
With COVID-19 pushing more businesses online, Kina Bank is introducing some ambitious enhancements to its digital services. Chief Executive Officer Greg Pawson outlines his plans to Business Advantage PNG. Kina Bank Haus in downtown Port Moresby Credit: Kina Bank Business Advantage PNG (BAPNG): Kina has been working on an Internet... more →
Posted in: Papua New Guinea