BANK OF PAPUA NEW GUINEA

Crypto / Digital Assets

PNG Completes CBDC Trial with Japan’s METI and Soramitsu

By Editors | 10/02/2025

The PoC involved building a secure payment infrastructure that enabled real-time payments and P2P remittances through a mobile app.

ESG / Sustainability

Pacific Island Nations Commit to Inclusive Green Finance

By Mark Johnston | 25/06/2024

The central banks of seven Pacific island nations signed a roadmap committing them to working together to boost inclusive green finance as a priority.

AML / KYC

Bank of Papua New Guinea Eyes KYC Utility

By Editors | 15/06/2020

A KYC utility will reportedly be introduced next year as a joint project between Pacific Island countries – Samoa, Tonga, Vanuatu, Fiji, Solomon Islands and PNG.

Fintech / Regtech

Bank of Papua New Guinea Launches Regulatory Sandbox

By Editors | 11/12/2019

Local and foreign financial institutions and fintech firms are welcome to apply to test new products and services that could enhance financial inclusion and the provision of financial services.