With six major banks, five of which are internationally owned, competing in a market of less than a million people, Fiji’s banking and financing sector is inevitably highly competitive.
Credit Corporation (including CreditBank)
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.
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.
The total return profile on PNGX, Papua New Guinea’s national stock exchange, remained one of the strongest in the world last year, as JMP Securities’ Lars Mortensen notes in this exclusive analysis for Business Advantage PNG.
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.
KPHL appoints acting MD, new board Director for Credit Bank PNG, new CFO for ANZ PNG, a new head of the ICCC and new board members for PNG Tourism Promotion Authority.
As more institutions are considering ways to connect to the unbanked population of Papua New Guinea, mobile wallets are emerging as a potential game changer for the sector. Charlotte Armstrong examines the key players in PNG’s mobile money market.
Papua New Guinea’s financial institutions are playing a leadership role in digitalising its economy. The country’s bankers talk to Business Advantage PNG about their major investments in new technology, and how this is driving business growth.
New executive director for CPL Group, new board member for Credit Corporation (PNG) Limited.
Papua New Guinea investors enjoyed substantial returns in both the fixed-interest and equities asset classes last year, according to an exclusive analysis for Business Advantage PNG by JMP Securities Managing Director Lars Mortensen.