ANZ Bank will conclude the sale of it’s Retail, Commercial and SME banking business in PNG to Kina Bank by Monday 23 September 2019. Going forward ANZ will then focus solely on Institutional and Large Corporate banking.
The sale includes all 15 ANZ branches, the entire ATM network and ongoing roles for those who currently support the Retail, Commercial and SME banking businesses.
All ANZ branches – Harbour City, Port Moresby Town, Boroko, Waigani, Jacksons, Lae Market, Madang, Wewak, Goroka, Hides, Mt Hagen, Kimbe, Kokopo, Lihir will close at 3pm on Friday 20 September 2019 and will reopen from Monday 23 September 2019 as Kina Bank branches.
Over 300 ANZ staff have completed training on Kina Bank platforms, in preparation for the transfer.

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