KSL 0.00% 95.5¢ kina securities limited

Banking strategy, page-47

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    As in Australia, Education would be a large component of the PNG Government budget.
    The Teachers Savings and Loans Society, presumably has a large savings base and residential loan business.
    I presume YUMI cards are used for a TISA small ATM service.
    TISA would have political weight, and their choice of expansion through the KINA ATM system is a big endorsement.
    As the article mentions the 2 software operating systems are different. This is a complex and costly process to join together and involves hacking risks.
    So, here it is.
    This is how KSL is moving forward.
    A long way down the track a merger of KSL and TISA will be discussed, hopefully achieving the approval of the PNG Government.

 
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