Financial institution Heduru Moni Limited, trading as Moni Plus, has been on an impressive growth trajectory in recent years. In this exclusive interview with Business Advantage PNG, its Managing Director Aho Baliki expands on its long-term strategy and shares what it is doing to stand out in Papua New Guinea’s highly competitive finance sector.
Banking & Finance
Papua New Guinea’s banks are scaling up digital platforms to fuel growth and advance financial inclusion, as CEOs in the sector tell Business Advantage PNG.
Nasfund had an outstanding year in 2025, with net profit after tax increasing by 28 per cent to K1.09 billion and membership numbers up 4 per cent to 744,213. Nasfund CEO Rajeev Sharma speaks with Business Advantage PNG about the key drivers of this performance – and what’s ahead for the Papua New Guinean super fund.
CreditBank PNG has experienced rapid growth since receiving a Papua New Guinea banking licence in 2024. In this interview with Business Advantage PNG, its CEO Danny Robinson shares the key drivers behind this success, reveals what’s next and provides his outlook for the banking sector as a whole.
David Lawrence is chairman of PNGX Group, the owner and operator of Papua New Guinea’s national stock exchange, PNGX. In this interview with Business Advantage PNG, he expands on the proposed acquisition of PNG Registries, potential government reforms, and opportunities to collaborate with Fiji’s SPX.
In this exclusive interview with Business Advantage PNG, CEO Mark Robinson reflects on BSP Financial Group’s impressive results. He also provides details of growth plans, including investments in digital channels and a major upgrade of the bank’s ATM network.
Papua New Guinea is expected to join 20 other jurisdictions on the intergovernmental Financial Action Task Force’s ‘grey list’ in February 2026. However, CEOs in the banking sector tell Business Advantage PNG they are confident they can manage the situation, and are optimistic it will lead to reforms.
Papua New Guinea’s National Banking Corporation received its commercial banking licence at the end of 2024. In this exclusive interview, CEO Paul Thornton outlines its plans to build its capital base and grow in an increasingly competitive banking market.
Andrew Cairns became the new Chief Executive of Westpac PNG in April this year. In this exclusive interview with Business Advantage PNG, he speaks about the bank’s renewed commitment to Papua New Guinea and where he sees growth opportunities across its economy.
The Bank of Papua New Guinea’s Green Finance Centre was established in 2024 to encourage financial institutions to fund sustainability-related projects. The centre’s head Mohinesh Prasad shares the progress being made on green finance – and its potential to boost PNG’s economy.