Licensed Financial Institutions
List of Authorised or Licensed Financial Institutions in Papua New Guinea as at December 2017
As part of the ongoing efforts by the Bank of Papua New Guinea (“the Central Bank”) to inform the general public of the authorised financial institutions, the Central Bank hereby provides an update as at December 2017. The general public is again reminded of the need to conduct financial transactions only with financial institutions that are authorised by the Central Bank.
The following financial institutions listed below are authorised or licensed under the Central Banking Act 2000, Banks & Financial Institutions Act 2000, Savings and Loan Societies (Amendment) Act 1995, Central Banking Act 2000, Superannuation (General Provisions) Act 2000 and Life Insurance Act 2000. It is illegal for any company or person whose name is not listed below to conduct any form of business meant for these institutions without obtaining a licence from the Central Bank.
These authorized financial institutions are licensed or authorized to accept deposits from the public.