Kina is a diversified financial services provider in PNG offering its customers end-to-end financial solutions, from savings accounts to small business loans, investments to mortgages, stockbroking and financial advice, investment management and fund administration.
Kina was established in October 1985. Kina’s vision is for prosperous customers and communities, underpinned by progressive, accessible financial services. Kina’s objective is to partner with its customers and provide them with opportunity and financial independence to help build the life they choose for themselves and their families. Kina aims to become the leading diversified financial service provider in PNG.
In May 2015 Kina undertook an initial public offering (IPO) of Kina shares and subsequently listed as a Public Company on the Australian and Port Moresby Stock Exchanges in July 2015. In September 2015 Kina completed the acquisition of Maybank PNG, the PNG banking operations of Malayan Banking Berhad.
Today Kina is a significant player in the PNG financial services sector. The company conducts its operations through two business divisions, Kina Bank and Kina Wealth, and operates:
- the fourth largest bank in PNG, with more than 11,000 clients, six branches and an expanding electronic network;
- the largest wealth management business in PNG, with K5.5 billion in funds under management;
- one of the largest fund administrators in PNG, with more than 160,000 clients;
- the leading stockbroking company in PNG.
This section provides investors with daily and historical security price information, important key dates, ASX announcements, financial reports, presentations and other important information about Kina Securities Limited.