Bank of Papua New Guinea Bank of Papua New Guinea The Bank of Papua New Guinea is the central bank of Papua New Guinea. Its main function is to issue currency and to act as the banker and financial agent to the Government. It is also in charge of regulating banking and other financial services and manages the gold, foreign exchange and any other international reserves of Papua New Guinea. Mr Loi Martin Bakani is the current governor of the bank. Banking came to Papua in 1910 with the establishment of a branch of the Bank of New South Wales in Port Moresby. In 1916,
Buin, Papua New Guinea Buin, Papua New Guinea Buin is a town on Bougainville Island, and the capital of the South Bougainville District, in the Autonomous Region of Bougainville, in eastern Papua New Guinea. The island is in the northern Solomon Islands Archipelago of the Melanesia region, in the South Pacific Ocean. It is a government-established town in the jungle, now inland from the coast, where its sea-landing predecessor of the same name was located. The town is in an autonomous region of Papua New Guinea established in 2000, and was the former North Solomons Province (1976-2000). Buin and Bougainville Island gained world attention