Papua New Guinea Proposes To Deny Authorization To Kina Bank For Buying Westpac's Pacific Businesses
(RTTNews) - Papua New Guinea's Independent Consumer and Competition Commission (ICCC) on Monday released its draft determination indicating that it proposes to deny authorization to Kina Bank for the ...
The Asian Development Bank's (ADB) investment in Papua New Guinean financial services provider Kina Bank provides investors with greater comfort about Kina's overall risk profile. The Asian ...
Kina’s shares surged more than 13 per cent on the news, rising to 94c on Monday. Westpac’s shares closed steady at $20.27. The sale of Westpac Fiji and the bank’s 89.91 per cent stake in Westpac Bank ...
The rebuff comes more 10 months after Westpac announced the sale of its Pacific business — which includes Westpac Fiji and a 89.1 per cent stake in Westpac Bank PNG – to Kina. The big four bank said ...
It's almost time for mum and dad shareholders in PNG bank owner Kina Securities to step up. The retail portion of Kina Securities' rights issue opens this week. Louie Douvis And that's because the ...
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