Global economy ‘shaky’: Kina Bank managing director
The global economy continues to navigate uncertainties, with a second Trump presidential term, China’s slowing growth, and geopolitical hotspots potentially sparking commodity price volatility, says a Papua New Guinea
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
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
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
