The Bank of PNG Board issued the September 2024 Monetary Policy Statement| Governor Elizabeth Genia's Breakfirst Presentation Speech - September 2024 Monetary Policy Statement | Speech by Mr. David Toua, OBE, Chairman of the Board, Bank of Papua New Guinea, at the 2024 Business Advantage Papua New Guinea Investment Conference and Expo | Governor Genia's speech to the Lae Business Community | Speech on the Opening of the National Stakeholder Consultation on Expanding Superannuation and Insurance Coverage to MSMEs and Self-employed Workers in PNG| More choice in banking as BPNG grants two new Banking Licenses | March 2024 Monetary Policy Statement issued by the Board of Bank of Papua New Guinea |Press Release on Alternatives to Private Sector Cheques Given Thumbs Up |Media Release: Response to Letter circulating in Social Media referring alleged AML Offences |Joint Press Communiqué 59th SEACEN Governors’ Conference and the 43rd Meeting of the SEACEN Board of Governors|Monetary Policy Statement September 2023 Issued by the Board of the Bank of Papua New Guinea and delivered to the Minister for Treasury by the Acting Governor, Ms Elizabeth Genia|Public Notice - Customer Complaints Help Desk Core Banking System |Private Sector Cheques to be Discontinued by 31st December 2023|Acting Governor, Ms Elizabeth Genia, AAICD, releases the March 2023 Monetary Policy Statement.|Ms Elizabeth Genia, Acting Governor of the Bank of Papua New Guinea (Bank of PNG or the Bank), today released the June 2022 Quarterly Economic Bulletin (QEB). |Opening and Operating Foreign Currency Accounts outside of PNG without prior approval of the Bank of Papua New Guinea | List of reporting entities (REs) registered with Financial Analysis and Supervision Unit (FASU) 

List of Authorized & Licenced Financial Institution

List of Authorised or Licensed Financial Institutions in Papua New Guinea as at 30th September 2018

No. COMMERCIAL BANKS ABOUT INSTITUTION
1 Australia & New Zealand Banking Group (PNG) Limited www.anz.com/papuanewguinea/en/personal
2 Bank South Pacific Limited www.bsp.com.pg
3 Westpac Bank (PNG) Limited www.westpac.com.pg
4 Kina Securities Limited www.kina.com.pg
No. Licensed Financial Institutions (LFIs)  
1 BSP Finance (PNG) Limited www.bspfinance.com.pg
2 Credit Corporation Finance Limited  www.creditcorporation.com.pg
3 Finance Corporation Limited  www.fincorp.com.pg
4 First Investment Finance Limited  www.fifl.com.pg
5 Heduru Moni (Moni Plus) Limited www.moniplus.com
6 Kada Poroman Microfinance Limited  www.kpml.com.pg
7 Nationwide Microbank Limited   www.microbank.com.pg
8 Papua Finance Limited www.pfl.com.pg
9  People’s Micro Bank Limited  www.peoplesmicrobank.com
10 PNG Microfinance Limited www.pml.com.pg
11 Resource & Investment Finance Limited www.rifl.com.pg
12 TISA Community Finance Limited http://tcf.com.pg/
13 Women’s Micro Bank Limited  
No Authorised Mobile Network Operator  
1 Digicel Financial Services Limited N/A
No Authorised Money Remitters  
1 Digicel Financial Services Limited N/A
  – inward remittances only  
2 MH Money Express (PNG) Limited N/A
No Authorised FX Dealers  
1 First Investment Finance Limited N/A
2 Heduru Moni (Moni Plus) Limited N/A
No Authorised Money Changers  
1 Betta Rates Limited N/A
2 Best Nation Investment Limited N/A
3 HTS Holdings Limited N/A
4 JNI Limited N/A
5 Marino Exchange Limited N/A
6 MH Money Express (PNG) Limited N/A
7 Money Exchange PNG Limited N/A
8 Paivu Tours Limited N/A
9 RSC Forex Limited N/A
No Life Insurance Companies  
1 Capital Life Insurance Company Limited N/A
2 BSP Life PNG Limited N/A
3 Kwila Insurance Corporation Limited N/A
4 Life Insurance Corporation (PNG) Limited N/A
5 Pacific MMI Insurance Limited N/A
6 Workers Mutual Insurance (PNG) Ltd (under liquidation) N/A
No Life Insurance Brokers  
1 AON Risk Services Limited N/A
2 Asia Pacific Insurance Brokers Limited N/A
3 Kanda International Insurance Brokers & Risk Consultants Limited N/A
4 Marsh (PNG) Limited N/A
5 Sunrise Assurance Brokers Limited N/A
No Authorised Superannuation Funds  
1 Aon Master Trust N/A
2 Defence Force Retirement Benefit Fund N/A
3 Nambawan Super N/A
4 National Superannuation Fund N/A
No Licensed Fund Administrators  
1 Aon Hewitt (PNG) Limited N/A
2 Kina Investment & Superannuation Services Limited N/A
3 IP Wealth Management Limited N/A
No Licensed Investment Managers  
1 BSP Capital Limited N/A
2 Kina Funds Management Limited N/A
3 PacWealth Capital Limited N/A
4 Frontier Equities Limited N/A
5 Niugini Capital Limited N/A
No Alluvial Gold Exporters  
1 Aviga Impex Limited N/A
2 Bougainville Gold Exchange Limited N/A
3 Gold Exports Limited N/A
4 Golden Valley Limited N/A
5 International Bullion Group Limited N/A
6 Issacc Lete Lumbu Gold Buyers Limited N/A
7 Italpreziosi South Pacific Limited N/A
8 Meekom Minerals Limited N/A
9 Metals Refining Operations Limited N/A
10 Mi-Do Gold Buyers & Exporters Limited N/A
11 MNK Jewellers PNG Limited N/A
12 Niiella AU Limited N/A
13 Panners Gold Limited N/A
14 Vertic Limited N/A
15 Armstrong Precious Metals Limited N/A
16 Bullion Scope Limited N/A
17 Jia Gold Holdings Limited N/A
18 Soi Gold Exports Limited N/A
No Mining Companies  
1 Lihir Gold Limited N/A
2 Morobe Consolidated Goldfields Limited N/A
3 Newcrest PNG 1 Limited N/A
4 Simberi Gold Company Limited N/A
5 K92 Mining Limited N/A

Financial Stability

Superannuation and Life Insurance Review

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Licensed Financial Institutions

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Financial System Development

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Licensed Institutions

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Authorized Deposit-Taking Institutions

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Authorized Superannuation Funds

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Licensed Life Insurance Companies

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Financial Stability

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About Financial Stability

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