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InstitutionReviewed 2026-10-23

Bank of Papua New Guinea

The Bank of Papua New Guinea (Tok Pisin: Beng bilong Papua Niugini) is the central bank of Papua New Guinea, which has a core mandate to ensure price stability and maintain macroeconomic growth. To achieve this, it discharges four main functions; 1. responsible for the formulation and implementation of monetary policy, 2. ensure financial system development and stability, 3. ensure the payment system remain efficient, and 4. provide a banking role to the Government. It also manages the country's foreign reserves, issue the country's currency, manages the gold and foreign exchange of Papua New Guinea.

Sources and references ↗
PROFILE / FACT FILE

Institutional profile

Name
Bank of Papua New Guinea [1]
Institution type
Central bank / monetary authority [1]
Jurisdiction / coverage
Papua New Guinea [1]
Established
1973 [2]
Headquarters
Port Moresby [2]
Official website
www.bankpng.gov.pg ↗ [1]
Country in background record
Papua New Guinea [2]

Institutional role and background

The Bank of Papua New Guinea (Tok Pisin: Beng bilong Papua Niugini) is the central bank of Papua New Guinea, which has a core mandate to ensure price stability and maintain macroeconomic growth. To achieve this, it discharges four main functions; 1. responsible for the formulation and implementation of monetary policy, 2. ensure financial system development and stability, 3. ensure the payment system remain efficient, and 4. provide a banking role to the Government. It also manages the country's foreign reserves, issue the country's currency, manages the gold and foreign exchange of Papua New Guinea. [3]

The Bank of Papua New Guinea is the only institution that is permitted to issue the Papua New Guinean kina, which has been the case since early 1975. [3]

Elizabeth Genia is the current Governor of the Bank. [3]

Selected introductory text by Wikipedia contributors — Bank of Papua New Guinea, under CC BY-SA 4.0. Official facts are cited separately.

Institutional history

  1. Establishment date in the institutional background record. [2]

Source-supported connections

Bank of Papua New Guinea → Jurisdiction in the BOJ directory → Papua New Guinea [1]

Frequently asked questions

When was Bank of Papua New Guinea established?

1973. See the linked source for the institutional record. [2]

Where is Bank of Papua New Guinea headquartered?

Port Moresby. See the linked source for the institutional record. [2]

RELATION MAP

Bank of Papua New Guinea connection map

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Bank of Papua New Guinea

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Links retain their source-specific meaning. Award-time affiliations and links to related reading are not claims about current appointments or economic causation.

Sources and review dates

  1. Reference source ↗
  2. Wikidata background facts (CC0) ↗
  3. Wikipedia contributors — Bank of Papua New Guinea (CC BY-SA 4.0) ↗

Reviewed 23 October 2026. Historical dates and award-time affiliations retain their original context. A review date is not an event date. Background sources are identified separately from official records.

Content preparation: source-based compilation with AI assistance. See methods and attribution. Named sources identify the underlying records; no individual expert review is claimed.