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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:27/01/2020

USD 0.2935

AUD 0.4313

EUR 0.2661

GBP 0.2248

JPY 32.01

NZD 0.4462

SGD 0.3975

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Kina Facility Rate:

Jan 2020 5.00%
Dec 2019 5.00%
Nov 2019 5.50%
Oct 2019 5.50%
Sept 2019 5.50%
Aug 2019 5.50%
Jul 2019 6.00%
Jun 2019 6.25%
May 2019 6.25%