Press Release - December 2019 QEB by Loi M. Bakani CMG, Governor Bank of Papua New Guinea|Policy Response to the Impact of the Coronavirus (COVID-19) | Temporary Operating Hours | Operations of the Bank of PNG and Authorised Financial Institutions | Regulatory Sandbox | Central Bank Investments | Do Not Accept Any Bank Paper Notes | Press Release on Money Schemes/Scams | Money Schemes Notice | Withdrawal of Currency 2015 | Bank of PNG Vision & Values | New PNG Anti-Money Laundering & Counter Terrorist Financing Regime

List of Licensed Banks and Financial Institutions

A) Commercial Banks

1. Australia & New Zealand Banking Group (PNG) Ltd
2. Bank of South Pacific Ltd
3. Kina Bank Ltd
4. Westpac Bank (PNG) Ltd

B) Licensed Financial Institutions

1. BSP Finance (PNG) Ltd
2. Credit Corporation Finance Ltd
3. Finance Corporation Ltd
4. First Investment Finance Ltd
5. Heduru Moni (Moni Plus) Ltd
6. Kada Poroman Microfinance Ltd
7. Nationwide Microbank Ltd
8. Papua Finance Ltd
9. People’s Micro Bank Ltd
10. PNG Microfinance Ltd
11. Resource & Investment Finance Ltd
12. Women’s Micro Bank Ltd

Kina exchange rate (MIDRATE)

Last Updated:
Released:29/06/2020

USD 0.2890

AUD 0.4202

EUR 0.2569

GBP 0.2336

JPY 30.96

NZD 0.4493

SGD 0.4026

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Kina Facility Rate:

Jun 2020 3.00%
May 2020 3.00%
Apr 2020 3.00%
Mar 2020 5.00%
Feb 2020 5.00%
Jan 2020 5.00%
Dec 2019 5.00%
Nov 2019 5.50%