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.
Kina Bank
A departure at Kina Bank, a new Manager Media and Public Relations for OTML, a new National Fuel Transport Manager for EastWest Transport, new President and COO for Newmont and more.
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 chief of staff at Kina Bank, a new director for Kina Asset Management, a new Secretary of Dept of Works and Highways, new executive structure at the Bank of Papua New Guinea, two appointments at Coral Sea Hotels, and a new country manager for Complex Electrical (CE Group).
Ivan Vidovich, recently-appointed CEO of Kina Bank, speaks about the financial institution’s digital innovation strategy at the recent Innovation PNG 2025 conference in Port Moresby.
A promotion at Pacific Palms Property, a new CEO at National Banking Corporation, Kina Bank welcomes its new Chairman, and a new media manager at New Porgera Ltd.
New President and Managing Director for ExxonMobil PNG, Kina Bank appoints new MD and CEO.
Waiting times on foreign exchange orders have been falling substantially on central bank interventions and other factors, senior representatives of BSP Financial Group, Kina Bank and Westpac Papua New Guinea reveal to Business Advantage PNG.
The ambitious housing development from Rhodes PNG Limited is a “first of its kind” land-use model that aims to deliver affordable housing to the country’s rising middle class.
PNG banks and businesses tell Business Advantage PNG of considerable variation in wait times for foreign exchange, as the country’s central bank acknowledges the economic damage caused. We look at the prospects for improvement.