Bank of Papua New Guinea

Bank of Papua New Guinea

Headquarters	Port Moresby, Papua New Guinea
Ownership	100% state ownership[1]
Governor	Elizabeth Genia (Acting)
Central bank of	Papua New Guinea
Currency	Papua New Guinean kina PGK (ISO 4217)
Reserves	1 680 million USD[1]
Website	bankpng.gov.pg

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.

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.

Ms Elizabeth Genia is the current acting Governor of the Bank.^[2]