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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:21/10/2019

USD 0.2940

AUD 0.4286

EUR 0.2636

GBP 0.2278

JPY 31.90

NZD 0.4597

SGD 0.4006

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Kina Facility Rate:

Sept 2019 5.50%
Aug 2019 5.50%
Jul 2019 6.00%
Jun 2019 6.25%
May 2019 6.25%
Apr 2019 6.25%
Mar 2019 6.25%