Road show planned to showcase acquisition of ANZ

Business

KINA Bank will be conducting a road show around the country to explain its acquisition of ANZ’s retail, commercial and small to medium enterprise banking, says chief executive Greg Pawson.
Pawson said September 23 was the change-over date. The bank’s branches will then increase from six to 21 around the country.
The number of automated teller machines (ATM) will therefore increase from six to 21.
He said ANZ would continue to service its corporate customers
“By the end of this year, our company will be a much bigger organization. We will have 890 staff and over 125,000 active customers – and growing,” he said.
“We will be showcasing some of the new technologies in the coming months before Sept 23.”
Kina Bank was established in 1985 as a diversified financial services company in PNG.
It is listed on both the Australian and Port Moresby stock exchanges and are distinguished for funds administration, funds management and stockbroking, which complement its banking services.
“Kina Bank’s appetite for growth and investment means it is the fastest growing bank in PNG.
“Its vision is to be the most dynamic, progressive and accessible financial services company in the country. In short, PNG’s leading digital bank.”