Kina Bank remains committed to drive green initiatives in Papua New Guinea through its SME Lending portfolio and staff led community-based activities.
Speaking recently at the Green Finance Summit 2025 in Port Moresby, Kina Bank CEO and Managing Director Ivan Vidovich said, “As the second–largest retail bank in PNG,we are actively expanding our SME lending portfolio, aligning closely with the objectives of inclusive Green Finance.”
In 2024, Kina Bank made a significant step toward supporting a strong and sustainable financial sector in PNG by signing a Memorandum of Understanding with the Bank of Papua New Guinea (BPNG) and the Global Green Growth Institute (GGGI) to pilot Green Finance policies. Under this agreement, Kina Bank will include theGreen Finance Policy in its lending, aiming to create a more inclusive, strong, and resilient financial industry.
“We are pleased to support green lending initiatives and explore green product developments,” Mr. Vidovich said.
Mr Vidovich also added that apart from the bank’s initiatives to support green lending, Kina Bank also has a strong focus on empowering communities improve their livelihood.
“We are delighted that our staff are actively engaging with communities through programs like the Strongim Komuniti Grants Program (SKG), which provides funding for small projects in areas such as water and sanitation, environmental protection, and economic livelihood. By integrating our SKG program with our SME lending portfolio, we are helping to build a more green financial system in the country,” he said.
