Kina Bank recorded net profit of K106 million last year

Papua New Guinea’s Kina Bank recorded a net profit of K106.1 million (US$30.1 million) last year — an increase of 11 percent compared to the previous corresponding period. Managing director and chief executive

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PNG’s Kina Bank K30m venture faces tax threat

Kina Bank’s plan of a K30 million (US$8.5 million) investments to extend operations across Papua New Guinea is now threatened by the 50 percent tax on commercial banks in the country. Kina Bank chief executive

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Kina Bank PNG announced a K45.6 million profit

Papua New Guinea’s Kina Bank has announced a K45.6 million (US$12.9 million) net profit after tax, as of August 29, 2022. The Board said that this is an increase of 15%, compared to the prior corresponding period

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Kina’s Westpac offer: why a banking duopoly would be bad for PNG

The much-anticipated bid for Westpac Pacific (PNG and Fiji) operations by Kina Securities (the owner of Kina Bank) was finally confirmed last month. The offer did not come as a surprise as Westpac moved its Pacific

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