Home loan

Cash Incentive Launched For Home Buyers

The K2000 incentive will be paid once a home loan settles and represents a market first for Papua New Guinea.

Kina Bank's Executive General Manager of Banking and Country Head, Lesieli Taviri, said the initiative rewards borrowers and helps them on their home-buying journey.

“Additionally, we will be offering an aggressive 5.47 per cent rate for these loans.  Once again, we’re providing a market leading offer that offers people choice,” Taviri said.  

BSP to provide home loan guidance at expo

BSP General Manager – Retail, Paul Thornton, expressed this when announcing the newly reduced BSP Standard Home Loan rates from 7.45 percent pa to 6.50 percent pa.

Thornton encouraged potential home buyers to start planning and look at options available on house and land packages, or houses on sale.

“Owning a house or property is not only a good investment, it gives you security, a stable place for your family and the freedom to build a home that you can call your own.