Kina Securities opens Lae branch

 Kina Securities Ltd has opened a new centre in Lae to service the Highlands regions. 

Bank of PNG Governor Loi Bakani opened the new complex last Friday.

Kina Group chairman Sir Rabbie Namaliu said the new facility was a firm indication that the continuing growth of enterprises and financial opportunities in PNG required significant back-up resources. 

He said: “The new Lae complex that opened today (last Friday) in Lae provides a centre for business and commerce in the region as well as for individuals to receive expert advice and service from a fully equipped and staffed financial services centre.

“As PNG continues to grow economically, we must keep pace with what the people of the 21st century expect in terms of the various demands for financial services.”

The new facility is located at the premises developed by Nambawan Superannuation Fund. 

Kina Group chief executive Syd Yates said: “Kina is proud to be associated with Nambawan in this project, which demonstrates the financial commitment to growth and opportunity,” Yates said. 

“Kina understands the need of Papua New Guineans to have access to good financial services and in this centre, we can help our customers satisfy their financial needs. 

“People can now come to the centre to buy and sell shares, discuss investment alternatives and opportunities, make investments and apply for business, personal and home loans and for other personal financial management needs.”