The Kina Group aims to be a major regional player in the financial services market.
Kina chief executive officer, Greg Pawson, says as the only company offering diverse financial services, they are keen to take advantage of that going into 2018.
Pawson says there is the desire to grow the business and they will continue investments in leading-edge technology.
Yesterday the company launched its ‘Retail and Corporate Mobile Banking Apps’ and ‘Corporate Internet Banking’.
“We will continue the investment particularly around similar applications that you see here today,” says Pawson.
“We certainly want to grow our business quite significantly (with) a big investment particularly in the banking side of our business. And certainly we’re the only financial services organisation in PNG today that is quite as diverse as we are, we’ve got quite a comprehensive wealth management business as well. So we’ll be looking to take advantage of that in 2018, no doubt.”
Since its acquisition of Maybank in 2015, the Kina Group has seen significant growth, mainly in the banking market.
Pawson said the investment in technology has had a positive effect, attracting customers both in the retail and corporate sectors.
The launching of the mobile banking apps and corporate internet baking is expected to see more growth.
“One of the biggest advantages we have is that we are an alternative, we are different, certainly digital and innovation are a big part of what we are about as an organisation.
“The two apps we’re introducing are really good examples of that, we’ll see new customers over time,” Pawson said.