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Kina Securities Ltd. (Papua New Guinea)

Main Activities: Investment Advice
Full name: Kina Securities Ltd. Profile Updated: March 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Kina Securities Limited is a company incorporated in PNG and is principally governed by PNG law, rather than Australian law.
Kina is the ultimate holding company of the Kina Group. The Kina Group is currently a diversified financial services provider in PNG.
Following Completion of the Acquisition, the Kina Group will be one of the largest diversified financial service providers and the fourth largest bank in PNG, with in excess of 14,000 customers and over 250 staff. Following the Acquisition, the Kina Group will operate under two business divisions: Kina Wealth Management and Kina Bank.
Kina Bank will offer a variety of services including:loans and advances (such as housing loans, term loans, overdrafts,revolving credit, syndicated loans and festival loans);trade financing (such as letters of credit, documentary collection,bank guarantees and export bill purchases and negotiations);retail banking, including deposits and funding;remittance;foreign exchange transactions;insurance premium funding;novated and operating leases; and general insurance on an agency basis.
Kina Wealth Management will offer services including:funds management and advisory; funds administration; custodian and trustee services; financial planning; and stockbroking and corporate advisory.
On admission to the official lists of ASX and POMSoX on 30 July 2015, Kina will be dual-listed, meaning that its Shares may be traded on both ASX and POMSoX.

Headquarters
Po Box 1141
Port Moresby; National Capital District; Postal Code: 121

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Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1985
Key Executives
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Chairman
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Chief Executive Officer
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Chief Financial Officer
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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28.33%
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4.81%
Subsidiaries
Kina Bank Limited
100%
Kina Finance Limited (Kfl)
100%
Kina Funds Management Limited (Kfm)
100%
Company Performance
Financial values in the chart are available after Kina Securities Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PGK. Absolute financial data is included in the purchased report.
Net interest income
12.2%
Net fee and commission income
17.85%
Operating profit (EBIT)
18.27%
Net Profit (Loss) for the Period
-9.89%
Total assets
10.67%
Total equity
4.74%
Total Assets Trend
-12.95%
Net Interest Income Trend
-0.09%
Cost to Income Ratio
-5.84%

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