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.