If Kina Bank’s acquisition of Westpac’s Pacific operation proceeds, it will be rebranded East West Commercial Bank, a stand-alone ‘Pan-Pacific’ bank to compete against its new parent. That’s according to a presentation made by Kina last week as it tries to convince Papua New Guinea’s Independent Consumer and Competition Commission of the deal’s merits.
Kina Bank presents its vision for Westpac to Papua New Guinea’s regulator
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16 Aug 2021 by 1 Comment
ICCC proposes to disallow Kina Bank’s acquisition of Westpac’s Pacific assets
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27 Jul 2021 by Leave a Comment
In an interim determination, Papua New Guinea’s Independent Consumer and Competition Commission (ICCC) says it may not allow Kina Bank to buy Westpac’s remaining assets in the Pacific.
In brief: Kina Bank’s new loan for SMEs in Papua New Guinea and other business stories
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19 Jul 2021 by 4 Comments
Kina Bank announces K50 million for small and medium-sized businesses, Prime Minister Marape’s update on mining projects, and BSP Financial Group cautiously optimistic about Papua New Guinea’s post-COVID recover. The business news you need today. Ports Atlas Steel PNG has been awarded a contract under the PNG Ports Safety and Security Upgrades Program to supply […]
Waking up the giant: how banks can help unlock the potential of Papua New Guinea’s SMEs
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23 Jun 2021 by 5 Comments
Small and medium-sized businesses have the capacity to create jobs and propel Papua New Guinea’s economy, but how can this best be achieved? Business Advantage PNG looks at how banks are supporting the sector.
People moves: Kina Bank, EMTV
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9 Jun 2021 by Leave a Comment
New Chief of Staff for Kina Bank, departure at EMTV.
In brief: growth projections for Papua New Guinea downgraded and other business stories
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28 Apr 2021 by Leave a Comment
Fitch Solutions downgrades growth projections for Papua New Guinea, St Barbara Ltd unveils promising feasibility study for its Simberi gold mine, and Kina Bank introduces fee-free account. The news in brief.
Getting serious about digital in Papua New Guinea
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26 Apr 2021 by 1 Comment
ASX- and PNGX-listed Kina Bank is leading the way in Papua New Guinea’s digital revolution. CEO Greg Pawson outlines the opportunities for business, government and consumers.
In brief: Third mobile carrier getting ready to roll by year-end and other business stories
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31 Mar 2021 by Leave a Comment
Communications Minister confident in a new telco by year-end, the ICCC initiates review of Kina’s takeover of Westpac, and Ok Tedi Mining pledges K10 million in COVID-19 relief. Your business news in brief.
In brief: Bank South Pacific signals intention to list on ASX and other business stories
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15 Mar 2021 by Leave a Comment
Bank South Pacific signals intention to achieve dual listing, National Fisheries Authority gets ready to launch its 10-year plan and Papua New Guinea says farewell to its founding father.
In brief: Papua New Guinea’s founding father dies and other business stories
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3 Mar 2021 by Leave a Comment
Two weeks of national mourning declared after Papua New Guinea’s longest-serving Prime Minister Michael Somare passed away, Ihu Special Economic Zone enters second phase of development and PNG’s exports to China.
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