Kina Securities : FY2020 Results Investor Presentation Opens in new window
March 02, 2022 at 01:57 am EST
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Kina Bank Investor Factsheet.
ASX/PNGX
Kina Bank Summary
Kina Bank listed as a Public Company in July 2015 on the Australian Stock Exchange and Port Moresby Stock Exchange.
Industry Sector
Financial Services
Fiscal Year End
31 December
Market Cap
$251.02M as at 28 February, 2022
Key Lines of Business
Kina is the largest wealth management business in PNG with over PGK8 billion funds under management. Kina is the largest fund administrator, administering accounts on behalf of more than 850,000 beneficiaries whose funds total almost PGK14 billion. Kina Bank is the leading stockbroking company and PNG's second largest bank in terms of lending.
Key statistics for 2021.
183,553
46%
63%
Active personal
Active business
Total customers
customers
customers
11%
31%
17
Customer
Digitally enabled
Number of
growth over
customers
branches
3 years
15%
12%
688
Market share
Market share
lending
deposits
Number of staff
Our Strategy.
Purpose
Vision
Priorities
To constantly improve the prosperity of the people, communities and markets that we serve
The most dynamic, progressive and accessible financial services organisation in the Pan Pacific region, proudly domiciled in Papua New Guinea
Growth & prosperity
Building resilience
Service excellence
Dynamic people
Sustainable communities
Priorities.
Strategic initiatives for FY22
Growth & Prosperity
Building Resilience
Service Excellence
Dynamic
People
Sustainable Communities
Grow in defined segments Private Banking and SME. Monitor opportunities in Pan Pacific region
A strong company, well capitalised, improving Risk Maturity
Digital transformations including API middle ware layer, payments platforms and e-KYC
Investment in Leadership and embedding values
Development and implementation of Kina's ESG program Grow MiBank (Microfinance partner) value chain
Organic Growth Momentum.
Underlying NPAT
27%
Lending + 21% Deposits + 19%
Customer Acquisition
Net Customer Growth 8%
Shareholder Returns
Dividend Payout Ratio 80%
Diversified Revenue Growth
FX Revenue
19%
Flat Expense Base
Underlying Cost to Income
58%
Samantha Miller
E: Samantha.miller@kinabank.com.pg
Executive General Manager Investor
Relations, Corporate Affairs and ESG
P: +61 0402 426 767
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Disclaimer
Kina Securities Ltd. published this content on 02 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 March 2022 06:56:04 UTC.
Kina Securities Limited is a Papua New Guinea-based diversified financial services company. The Company is engaged in offering banking products, fund administration and wealth advice across Papua New Guinea (PNG). It offers customers end-to-end financial solutions from savings accounts to business loans, investments to mortgages, financial advice and investment management. Its segment includes Banking & Finance and Wealth Management. Banking and finance segments include the operations of Kina Bank, while Wealth Management includes fund management and fund administration businesses. Kina Bank delivers home, business and corporate loans, everyday banking transactions, credit cards, merchant and payment facilities and banking services to smaller institutions. Kina Wealth encompasses Kina Investment and Superannuation Services, Kina Funds Management and Kina Nominees servicing funds administration, wealth advice, stockbroking, fund management and nominee custodial services.