Banking: A regional overview
At the end of 2022, the Papua New Guinea government signalled its intent to set up a state-owned commercial bank, and take
March 28, 2023
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At the end of 2022, the Papua New Guinea government signalled its intent to set up a state-owned commercial bank, and take
Internet connectivity has become a core system for the world’s financial institutions. From international transfers and business banking to ATM withdrawals and
The Bank South Pacific Financial Group Limited (BSP) has declared a substantially lower net profit of K69 million (US$19 million) from K259
Westpac has announced the appointment of Shane Smith as its new Chief Executive for Fiji. “I’m honoured and humbled by the opportunity
Papua New Guinea’s Independent Consumer and Competition Commission (ICCC) has rejected Kina Securities Limited’s proposal to buy out Westpac Bank’s PNG operations.
Tourism may be the poster child of the Pacific’s post-COVID economic crisis, but it’s not the only sector that has suffered. A
In 2020 as shops and markets all over the world were forced to close due to the coronavirus, people shopped from home,
Now is the time for New Zealand banks to act with courage to keep providing banking services, including money remittances, to the
Kina Bank is set to bring new digital products to Fiji when it acquires Westpac’s Fiji business.
Shareholders have approved Papua New Guinea’s largest bank, Bank South Pacific, listing on the Australian Securities Exchange in a bid to access
ANZ will extend its fee waiver until September 2021 for online foreign currency payments made from Australia and New Zealand into 10
The much-anticipated bid for Westpac Pacific (PNG and Fiji) operations by Kina Securities (the owner of Kina Bank) was finally confirmed last
