Kina Bank opens office at MiBank branch in Alotau


Kina Bank’s partnership with Nationwide Microbank (MiBank) took another step forward last week with the opening of the Kina Bank customer service office within the MiBank Alotau branch in Milne Bay.
According to Kina Bank, it had continued to build on its financial inclusion partnership with MiBank and the establishment of the co-branded branch concept was a reflection of the innovative ways in which both banks were looking to serve the market.
Executive general manager banking and country head Lesieli Taviri said: “Kina Bank coming to Alotau is because of our commitment as a company to be part of the Alotau community.
“We believe in the potential of Alotau and more importantly, working alongside our partners which is MiBank to offer to all the different groups or segment in the market as an alternative financial service provider.
“Whether it be the palm oil block owners who want to create their accounts for the first time with MiBank, small micro business that comes to MiBank to get loan for their business or whether it be the big commercial retailers who want to come to Kina Bank to ask for cash flow or financing support for their employees in the private and government sectors, I’d like to say we are here. Our partnership with MiBank will offer that full financial services,”she said.
Sharing the same sentiments, MiBank chief operations officer, Trudi Egi said: “The strategy you see between us and Kina is we cater for the retail end of the banking, where grassroots and those from the informal sector come to us, anything above that is off-loaded to Kina.”