RiskWare spreads its wings overseas!

Papua New Guinea – PAN Software, developer of the RiskWare platform, is excited to announce that Kina Bank has selected RiskWare.

Kina is a diversified financial services provider in Papa New Guinea (PNG) offering its customers end-to-end financial solutions, from savings accounts to small business loans, investments to mortgages, stockbroking and financial advice, investment management and fund administration.

In May 2015 Kina undertook an initial public offering (IPO) of Kina shares and subsequently listed as a Public Company on the Australian and Port Moresby Stock Exchanges in July 2015. In September 2015 Kina completed the acquisition of Maybank PNG, the PNG banking operations of Malayan Banking Berhad.

Today Kina is a significant player in the PNG financial services sector. The company conducts its operations through two business divisions, Kina Bank and Kina Wealth, and operates:

the fourth largest bank in PNG
the largest wealth management business in PNG, with K5.5 billion in funds under management
one of the largest fund administrators in PNG
the leading stockbroking company in PNG