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Company Interview / "Growing in line with our risk appetite is important..."

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"Growing in line with our risk appetite is important..."

Company Interview03 Apr, 2025

Kina Securites recent half year result saw underlying net profit growth of 7%. The bank touted soild performance in its loan book and strong growth in non-lending revenues. It's expecting further earnings growth in 2025 as its five-year strategic plan is fully executed this financial year.

Kina Securites (ASX: KSL) is PNG's challenger bank but its CEO Ivan Vidovich says it needs to grow in line with its risk appetite to ensure stability and longevity. That being said he sees huge opportunity in the country not only through its resources, but its agriculture industry as well.

Vidovich says Kina is growing into the market at the same time as growing with the market. He says it is prudent to grow sensibly, moderately and at the right rate.

Our coverage of the event was part of a commercial partnership with TIP Group

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