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ANZ sells PNG assets to local bank

15 PNG branches go in $A10 million sale to Kina Bank. 

Mackenzie Smith
Wed, 11 Jul 2018

ANZ Bank has sold off its 15 branches in Papua New Guinea to a local bank, in its latest divestment of retail businesses in the Asia-Pacific.

PNG-based Kina Bank today announced it will buy the ANZ businesses, 72 ATMs and more than 1800 eftpos terminals across the country for $A10 million. Kina

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Mackenzie Smith
Wed, 11 Jul 2018
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ANZ sells PNG assets to local bank
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