Kina wants to create “a pan-Pacific bank domiciled in PNG” and Westpac’s PNG and Fiji operations would be re-branded the East West Commercial Bank, under Westpac’s existing corporate ...

Kina Securities Limited (Kina Bank) yesterday announced Net Profit After Tax (NPAT) of PGK 57.7 million for the first half of ...

Bank of South Pacific, the country’s biggest lender, defied orthodoxy by arguing against Westpac’s proposed sale of its operations to rival lender Kina Securities.

It's an end of an era with Westpac Pacific, which was named after the Western Pacific, to leave the region after its PNG and Fiji operations were bought by Kina Bank in a multi-million dollar deal.

The Bank of Papua New Guinea was not immediately available for comment. "Authorised Foreign Exchange Dealers in PNG to quote Kina against United States Dollar within a band of 150 basis points; 75 ...

Two years after he first contemplated buying Westpac’s Papua New Guinea business, Greg Pawson got the deal over the line — on better terms and with the addition of the big four bank’s Fijian ...

Kina Bank shareholder approval was received in April 2021. The sale remains subject to bregulatory approvals in both Fiji and Papua New Guinea.

The rebuff comes more 10 months after Westpac announced the sale of its Pacific business — which includes Westpac Fiji and a 89.1 per cent stake in Westpac Bank PNG – to Kina. The big four ...

The Bank of Papua New Guinea has marked the successful completion of field trials for the country’s Central Bank Digital Currency (CBDC).