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Bank of Papua New Guinea 45th Anniversary on November 01st 2018

The Governor Loi M Bakani CMG, Board, Management and Staff of the Bank of Papua New Guinea wish to convey their deepest condolences to the family of Late Sir Henry ToRobert KBE who passed away on Thursday 18th October, 2018.

Late Sir Henry ToRobert KBE was the first Governor of the Bank of Papua New Guinea. He served four (4) terms with the Bank from October 22nd, 1973 to July 30th, 1993. He is the longest serving Governor in the Commonwealth of Nations. He oversaw the growth and development of the central bank in its formative years leading up to and after PNG gained independence in 1975.

During his term, the country’s currency (Kina and Toea) was introduced in 1975 and a new Bank Building was opened in 1991 and named after him (ToRobert Haus).

Our thoughts and prayers are with his wife, Janet and children; Ezzard, Louis, Charmaine, Henry Jr, and grandchildren for the loss of your husband, father and grandfather during this time of bereavement.

Loi M. Bakani CMG,
Governor

Bank of Papua New Guinea will launch commemorative banknote to mark Asia-Pacific Economic Cooperation (APEC) meeting in November 2018. Asia-Pacific Economic Cooperation is an inter-governmental forum for 21 Pacific Rim member economies that promotes free trade throughout the Asia-Pacific region. The commemorative note which come in denomination K100 will be launched on November 17th and circulated thereafter. Introducing the country own currency was one of the first significant steps towards creating a national identity.

IMF Article IV Mission visit on 17th-28 September 2018

IMF MCM Mission visit on 20th August 2018

Bank of PNG Financial System Stability Group taking part in BSP Supervisory College – Vanuatu from 16th – 17th of August 2018

The Bank of PNG invites Cash Crop (Cocoa, Copra, Oil palm) Growers, Landowners from logging & mining sites, business houses and other interested participants to attend Seminar presentations on “Treasury Bill and Treasury Bond Tap Facility Investments”, the “Kina Automated Transfer System(KATS)” (Electronic Payment System) and Currency Updates.

The aim of the seminar is to raise awareness on the investment opportunities offered by the Bank of PNG, the benefits of using KATS and to provide currency updates. The seminar will be held in the Autonomous Region of Bougainville.

To attend, please register with the Bank of PNG on telephone 3227213 /355/344/156 or email: [email protected]. Attendance is free.

Authorised by:

Loi M. Bakani, CMG
Governor

The Bank will not open on 25^th – 26^th December 2017 observed as Public Holidays. The Bank will continue to operate as normal from the subsequent days until 1^st January 2018 which is also observed as a Public Holiday.