Kina Bank has assured customers and investors that Papua New Guinea’s grey listing will not hinder its performance or long-term strategy.
Speaking on the issue as quoted in a report by the National newspaper, CEO Ivan Vidovich said the bank is working closely with regulators, government agencies, customers, and correspondent banks as part of the national response to address concerns raised by the Financial Action Task Force.
Related news: https://www.postcourier.com.pg/kina-bank-does-not-expect-grey-listing-to-affect-its-performance/
Despite the grey listing, the bank said it remains confident in its growth outlook and strategic direction.
The bank has launched its 2030 strategy, positioning itself for the next phase of expansion as PNG’s challenger bank.
In 2026, Kina plans to issue the country’s first listed corporate bond under the new capital markets legislation-a major milestone for domestic financial market development.
Related news: https://www.thepngsun.com/a-strong-2025-performance-for-kina-bank-driven-by-growth-and-resilience/
The bank said it also expects earnings growth to continue in 2026, supported by diversified revenue streams, rising market share, and a scheduled reduction in the statutory corporate tax rate for banking operations.