Kina shares plans to become ‘leading bank’

Business

KINA Bank is aiming to become the leading financial technical bank in the country when it acquires ANZ’s retail, commercial and small to medium enterprise (SME) business on Sept 23, chief executive Greg Pawson says.
“We are taking a very significant upgrade of our infrastructure,” he said during the Port Moresby Chamber of Commerce and Industry business breakfast in Port Moresby last week.
“As being PNG’s leading digital bank and, certainly, we bring a lot of capability into PNG with banking, innovative banking technology evolving over the coming year as well.
“Some of the technology that we have switched on waiting for the Coral Sea Cable to be able to clog in will bring PNG into the digital age.
“So for those of you who bank offshore, a lot of these are services we intend to bring into PNG and our intention is to be the leading bank here in PNG in terms of digital capability.
“Part of that we will be bringing in tried and tested technology from offshore.
“Technology will for us drive a very competitive and compelling customer experience.”
Kina Bank already services thousands of retail and commercial customers across PNG, Pawson said.
“Its emphasis on digital banking means we already offer the market leading channels such as corporate and personal internet banking platforms and mobile banking app.”
Its core banking system was upgraded in 2017 and is one of the country’s leading and most contemporary systems.
In the lead-up to the planned acquisition, it will be enhancing its suite of products and services, including offering market-leading visa credit and debit card products with chip and contactless technology, plus an eftpos network with latest market-leading eftpos terminals, Pawson said.
“ANZ customers can be sure to experience dynamic, best-in-class products as well as the exceptional service our existing customers currently receive.”

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