PNG banks 'face huge risks'

THE outlook for Papua New Guinea’s banking industry right now is not good, according to the latest report issued by risk consultants S and P Global Ratings.

PNG banks 'face huge risks' PNG banks 'face huge risks' PNG banks 'face huge risks' PNG banks 'face huge risks' PNG banks 'face huge risks'
"We classify the banking sector of Papua New Guinea (PNG; B-/Stable/B) in group '9' under our Banking Industry Country Risk Assessment (BICRA).
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